ISLAMABAD – Pakistan and India have finally signed the long-awaitedKartarpur Corridor pact, which will allow visa-free entry to Sikh pilgrimsfrom across the border and abroad to their religious holy site in Kartarpur.
With both governments given a little over two weeks to complete theremaining work, Prime Minister Imran Khan will inaugurate the project onNovember 9 after the corridor will be opened for the public.
The agreement will allow a daily influx of a maximum of 5,000 Sikh pilgrimsin Pakistan with a minimum service fee of USD 20 per pilgrim.
When the two figures are summed up, it shows that Pakistan will get$100,000 (Rs. 15.574 million) every day.
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Since the corridor will remain open 365 days of the year, it couldpotentially generate a direct income of USD 36.5 million which translatesto Rs. 5.55 billion per annum.
Aside from the direct income through the fees, Pakistani businesses andgovernment will also make indirect income through the sale of merchandise,and other services and products which will add more taxes to the nationaltreasury.
