1. Pakistan
agrees and hands over, physically and unconditionally, entire POK and Gilgit-Baltistan area back to
India.
2. Frees
all Indians in Pakistan Jails including all military and or civilian personnel
arrested/jailed after the 1965 and 1971
wars.
3.
Agrees
to hand over a 3 Km Wide corridor from the Indian side to 1 Km beyond the
boundary wall of Gurudwara Guru Nanak Sahib Darbar as an Indian enclave in Pakistan,
fully under the physical, legal, political and economic control of the Indian government
with no involvement of Pakistani Govt there whatsoever.
4.
Agrees
to permit India to rebuild all major Mandirs/ Temples/ Gurudwaras/ Buddhist
Shrines destroyed in the cities of Pakistan like Lahore, Karachi, Rawalpindi,
Islamabad etc up to a maximum of 50 such Mandirs/Temples/Gurudwaras/Shrines and
permit unrestricted to access to them to Hindus/Jains/Sikhs/Buddhists to visit
these places and practise their faith unhindered and without any restriction
whatsoever. For this purpose a 500 Metre
Radius area around each such place should be kept free of any Mosques to avoid
any communal clash. All expenditure for such reconstruction will be borne by India
(be it the Indian Government or private entities from India)
5.
Agrees
to make Baluchistan a separate country.
6.
Agrees
to shift all its Nuclear arsenal/assets to South Pakistan, at least 200 Km away
from the Afghanistan border to avoid any of these weapons and associated
weaponry systems falling in the hands of
Taliban Terrorists.
7. Agrees to provide unfettered road/land and air "right of way" for Indian goods to be shipped to Afghanistan, Iran and Tajikistan etc.
8. Dawood
Ibrahim, Hafiz Saeed, Syed Salahuddin, Sajid Mir and
others involved in terrorist attacks in India to be
handed over to India for trial.
If the above is accepted, then India should extend the following
assistance :
a)
An
immediate transfer of US $ 10 billion of which $ 7 billion will be used to repay
all loans from China and the Mid-east countries in some reasonable proportion
with effort being to clear the Chinese Loans to the maximum extent
b)
The
balance US $ 3 Billion will be a credit line used to buy essential items of
daily consumption from India like Petrol/Diesel, pharmaceuticals/ medicines, food
grains and vegetables.
c)
A
second tranche of US $ 5 Billion will be
given after 6 months of which $ 3 billion will be used to repay all loans from
China and the Mid-east countries in some reasonable proportion with effort
being to clear the Chinese Loans to the maximum extent
d)
The
balance US $ 2 Billion will be used to buy essential items of daily consumption
from India like Petrol/Diesel, pharmaceuticals/ medicines, food grains and
vegetables
e)
A
third tranche of US $ 5 Billion will be
given after 6 months of which $ 3 billion will be used to repay all loans from
China and the Mid-east countries in some reasonable proportion with effort
being to clear the Chinese Loans to the maximum extent
f) The
balance US $ 2 Billion will be used to rebuild roads, dams and railroads for which
only Indian companies will be engaged for this work.
g) At
the end of these 12 months when India has already extended a loan of US $ 20
Billion, there will be a detailed review
of how the money has been spent/deployed, how much Pakistan has attracted FDI
and inward remittances from overseas Pakistanis, the efforts that the Pakistan
Govt has made to recover amounts from the money that has been illegally
transferred/stashed abroad and then a
timeline for repayment will be decided as under :
- 1. Minimum US $ 100 million starting from
Month 19, or earlier, (i.e. after 18 months from the first loan disbursal
- 2. If these payments happen in a regular
and timely fashion for the first 6 months then at the end of the 24th month,
Pakistan can draw upon a further instalment of US $ 5 billion which will be exclusively
used for building Hospitals, Schools, Pakistani campus of Indian educational institutions
(with the same names) like AIIMs, IITs, IIMs, NIITs with full academic freedom
and unrestricted student selections and faculty appointments with the understanding
that a minimum of 60 % of the students admitted will be Pakistani citizens.
- 3. Thereafter after another period of 6
months, Pakistan must start repaying US $ 200 million per month for a period of
6 months and thereafter at the rate of US $ 300 million per month from the 31st
month till the completion of the total repayment. For every 12 months of
unbroken and timely repayment, there will be a remission of US $ 100 million.
Thus Pakistan should be able to repay the entire loan in a period of 8 years
(Principal amount only) Depending on the interest charged, this period may, in
actual fact go upto 12 to 15 years.
h) Similarly,
at the end of this 12 month period of “unbroken and timely repayment”, India
will extend the MFN status to Pakistan on a full reciprocal basis i.e. only
if Pakistan also extends the same MFN status to imports from India.
i) At
the end of 24 months if all repayments have been made in time and Pakistan’s
economy has stabilised somewhat, India may, at Pakistan’s request and
acceptance, extend its UPI Payment system in Pakistan and build the backbone for
its operation in Pakistan free of cost.
This above can be proposed to gauge and understand Pakistan's response and its willingness to repair its economy with India's help which will be the most cost-efficient for it.
The conditions are tough but not unrealistic nor unfair and will only
work in favour of Pakistan though, admittedly, it may feel that its geo-political power has been weakened. Against
such a “feeling” will be the reality of
a much stronger and more stable economy which can help Pakistan gain respect
and acceptability in the comity of nations.
