Ever since Pakistan Muslim League- Nawaz (PML-N) has come into power, Pakistan's national television channel, PTV, has reportedly experienced a loss of Rs. 1 billion.
According to the documents submitted to The Express Tribune, the channel is facing a loss of Rs. 1.2 billion since 2013.
The national broadcaster underwent great losses in fiscal year 2013-14. The situation went from bad to worst in 2014-15. In 2013-14, the company faced a loss of Rs. 733 million and in 2014-15, of Rs. 396 million. If we go through the records of 2011-12, the channel gained profit of up to Rs. 219 million. The combined earning of 2011-12 and 2012-13 was Rs. 147 million and Rs.137 respectively.
Information and Broadcasting Division Secretary, Imran Gardezi expressed his disappointment regarding the loss. Gardezi, in a standing committee meeting, revealed that the organization spends 70 % of its budget on human resource and only 30% on programming.
Around 5,000 staff members have been hired to run the channel and even then PTV has to buy programs from private channels.
Gardezi feels that if proper action is not taken, then there is a possibility that the amount spent on the human resource will reach 100 % which is not favorable, given the current financial position of PTV.