Pakistan is fundamentally, underdeveloped and there is shortage of capital in the country. sector for building the economic-cum-industrial base.8 In 1949-50, Pakistan registered a national savings rate of 2%, foreign savings rate of 2%, and an investment rate of 4%. Less collection of taxes also hinders the government of Pakistan to establish new factories and industries in the country. In Pakistan Tobacco Co Ltd versus Pakistan Tobacco Company Employees Union 1961 PLC 1033 at 1049 the Supreme Court of Pakistan made a distinction between decisions made by the ordinary courts and by the Industrial Tribunal with the following observations: Production did rise rapidly and economy improved significantly which grew by 7% in 1960’s. By and large, the ten year rule of General Ayub Khan is seen as an era of progress and industrial development. When an area or economy is industrialized it experiences an increased standard of living, job growth, and more productivity as it sustains growth. This presentation basically represent the industrial growth of Pakistan from the time of independence till now. Hence, in order to sustain economic growth there is a high demand on already scarce natural resources. Setting up of Oil refinery on Karachi and PMDC (Pakistan Mineral Development Corporation) to explore minerals greatly boosted the economy. One of the major objectives in all the five year plans of Pakistan is to improve the balance of payments position by (1) increasing export and (2) production of import substitution goods in the country. China-Pakistan Economic Corridor (CPEC) is a joint venture by China and Pakistan with $ 52 billion investment. You can change your ad preferences anytime. The activity in the manufacturing sector is comprised of large, medium and small-scale. 3 Ações. It was revealed that only 22 families controlled 66% of industrial assets as well as the … development community (as has already been broached in our Introduction). Refurbished Mobile Phones - As Good as New? to meet their global commitment to the development of care and education services for their young children. What to Upload to SlideShare SlideShare. Downloads. razamr@hotmail.com 2. Cotton and cotton-based products account for 61% of export earnings of Pakistan. Controversial Industrial development strategies. Compartilhamentos . The activity in the manufacturing sector is comprised of large, medium and small-scale. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Pakistan Environmental Protection Act, 1997 Promulgated Regulations and Rules . Downloadable! Made by : Sibghat-Ullah Abbasi, Uzair industrial share is 20.9% while services sector share is 57.7% of the GDP. Bangash, Sarmad Sajid. The cost was as high as 5.7 per cent of GDP in 1980-81 slightly falling to 5 per cent by 1990-91. Under the PEPA, 1997 regulations and rules have been given. 1. Industrial Policy of Pakistan The present policy follows the tried and tested policy of indigenous, broad-based industrialization to attain prosperity. See our Privacy Policy and User Agreement for details. Industrial Production in Pakistan increased 14.37 percent in November of 2020 over the same month in the previous year. Pakistan is facing the deficit of $ 8.3 billion in its balance of payment during 2010-11. The third stage consist of manufacturing of machines and other capital equipments in order to facilitate the future process of production . To make industrial development, we have to import modern machinery and advanced technology from other countries. Pakistan's industrial sector accounts for about 64% of GDP. The history of economic development of advanced countries shows that there is a close relation between the level of industrial development and the level of national and per capita income. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Importance of Industrial Sector in Pakistan or Role of Industrial Sector In economic Development. Contribution of natural resources to GDP is 0.8 % in Pakistan.6) Low Investment and Low Savings Deficiency of capital is one more major problem in the way of industrial development. They include the following. Despite this, Pakistan's average economic growth rate since independence has been higher than the average growth rate of the world economy during the same period. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. He commenced his career in 1979 in Pakistan working with the Pakistan Industrial Credit & Investment Corporation and Bankers Equity Limited primarily as a project finance analyst. Rules . The history of economic development of advanced countries shows that there is a close relation between the level of industrial development and the level of national and per capita income. • Pakistan hardly had any manufacturing industries in 1947. Danish Fareed 14-ME-440 the political development in Pakistan during 2008-2013. It is estimated that Pakistan will be the 3rd largest Population country by the year 2050. role of industries in the economy of pakistan, Problems of agricultural sector in pakistan. Steel, cement, automobiles, sugar, fertilizer, cloth and vegetable ghee, industrial chemicals, refined petroleum and a variety of other If you continue browsing the site, you agree to the use of cookies on this website. Industrial Production in Pakistan increased 14.37 percent in November of 2020 over the same month in the previous year. Due to this reason Pakistan after independence had only 34 industrial units out of 921 operating in the United India (taken from Ikram Rabbani book Pakistan Studies). This paper briefly describes the development of Pakistan’s economy during seven distinct decades, from the late 1940s to the end of the 2000s. The automobile industry in Pakistan started to achieve the objectives of fulfilling the requirements of the country, creating manufacturing base, import substitution, foreign exchange saving and employment generation, human resource development along with foreign and local investment. Industrial Sector of Pakistan; Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. Athar has over 33 years of professional experience in investment banking, project financing and business development. From the areas of industrial development to renewable energy and rural development, the Ministry suggests technological development for higher growth-rates and to improve standards of living. See our User Agreement and Privacy Policy. Limited, also known as Pak Steels, is a ding to Headquartered in Karachi, Sindh Province of Pakistan, the PSM is currently the largest industrial mega corporation, having a production capacity of 1.1, 5.0 million ton of steel and iron foundries. Clipping is a handy way to collect important slides you want to go back to later. Due to the backwardness, the industrial sector is accommodating only a small number of people. It is a hard fact that unemployment has become the number one problem of Pakistan. Economic consequences of environmental degradation. Zeeshan Ramzan 14-ME-431. While often horrendous, the conditions of child labour were frequently better than the squalor and poverty in which the vast majority of families lived. Pakistan is one of the signatories of the Education for All movement. However, PEPC (Pakistan Environmental Protection Council), top body with the … The key characteristics of this perspective are that it is focused on processes of structural societal change, it is historical and it has a long-term outlook. Pakistan's industrial sector accounts for about 24% of GDP. Downloadable! As a result, the first Three Plans witnessed a strong acceleration in the growth rate of the Industrial production. https://www.slideshare.net/UsmanKhalil9/industrial-growth-of-pakistan Eliminating child labour and forced labour in the cotton, textile and garment value chains: an integrated approach. Early Childhood Education in Pakistan 87 During earlier periods, child labour was valued in industrial areas and on farms. No public clipboards found for this slide. Five decades later, the manufacturing production index is 12,000 with the base of 100 in 1947. 7) Lack … Total investment and domestic saving are 13.4% and 9.5% of GDP respectively. 4. https://www.slideshare.net/FaseehAhmed6/industrial-development-in-pakistan-2 Boost to Economy: The CPEC will show a major increase in Pakistan’s economy by increasing trade with China, Central Asia, Russia, Middle East and Europe. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. In first stage , the industry is concerned with the processing of primary products the second stage comprises of the transformation of materials . When an area or economy is industrialized it experiences an increased standard of living, job growth, and more productivity as it sustains growth. 355-402 Learning from the Past: A Fifty-year Perspective on Pakistan's Development Par vez Hasan INTRODUCTION In some ways, Pakistan's economic growth since 1947 has been remarkable. Iron ore deposits are mostly of poor quality. Pakistan has important strategic endowments and development potential. Increase in National Income: Industrial sector also contributes in gross domestic product (GDP) of country According to year 2004-05 the contribution of industrial sector in GDP is 18.3 Percent. The cost was as high as 5.7 per cent of GDP in 1980-81 slightly falling to 5 per cent by 1990-91. account remained in deficit during most of the y ears in history and is still in the same . It is the national focal point and enabling arm of Government of Pakistan for planning, coordinating and directing efforts; to initiate and launch scientific and technological programs and projects as per national agenda for sound and sustainable Science & Technology Research base for the socio-economic development. The large-scale manufacturing sector of Pakistan included a handful of industrial units such as textiles, cement, sugar, tea blending and vegetable ghee in … Large scale manufacturing growth rate is 19.9%. CONCLUSION o Industrialisation is the period of social and economic change that transforms a human group from an agrarian society into an industrial one . Industries in pakistan Faseeh Ahmed. No public clipboards found for this slide. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. An explanation of the history of the economic development of Pakistan keeping the Musharraf era in special focus. Pakistan is lacking in all the three sectors (energy, communication and infrastructure), which are the most looked-for components to build up the economy, in order to make some notable place in the global economic race. This is growing by leaps and bounds not only in rural areas but also in urban areas of Pakistan. A detailed research report on Fertilizer Sector in Pakistan covering its issues and major players in the industry. Capacity Development Programme Dhofar University (pdf) capacity development in anti poverty programmes ict building for south africa s unemployed welcome to adesh university bathinda the community engaged scholars program: designing a assessing role of youth entrepreneurship and (PDF) Capacity Development in Anti poverty Programmes (PDF) Capacity Development in Anti poverty … 0 Número de incorporações. Usman Khalil 14-ME-413 Now customize the name of a clipboard to store your clips. See our User Agreement and Privacy Policy. It has, therefore, … Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 65% of the merchandise exports and almost 40% of the employed labour force. Due to industrial development, overall economic development increases, GDP increases, employment opportunities expand, per capita income increases, living standard of people improves and the overall … 2. 0 A partir de incorporações. Causes of Industrial Backwardness: 1. The Pakistan Environmental Protection Act of 1997 is mandated to transform the commitments into programs that the industrial establishments have to comply with. You can change your ad preferences anytime. Many top universities of Pakistan producing thousands of young graduates every year but failing to get a good job on completion […] At the time of independence we had only 34 Industrial Units. Economic consequences of environmental degradation. The trade ... rapidly increase the rate of development of east Pakistan. Be A Great Product Leader (Amplify, Oct 2019) Adam Nash. Presentation By International Labour and Environmental Standards Application in Pakistan’s SMEs (ILES) 01 September 2016 - 30 September 2022. Theoretical construct Political development refers to the process of politicization: increasing participation or involvement of the citizens in state activities, in power calculations, and its consequences.11 There is a great importance of organizational strength for political development. a) 1950s: The era of rapid industrial growth b) 1960s: The ere of industrial stabilization c) 1970s: Nationalization and its impacts d) 1980s: Russia-Afghan war and pro-industry policies of Zia e) 1990s: The decade of privatization f) Post 9/11: Commercialization under Musharraf . Industrial Sector is second largest sector of our economy. No SlideShare. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Pakistan - Pakistan - Resources and power: The exploration of Pakistan’s mineral wealth is far from complete, but some two dozen different types of exploitable minerals have been located. The auto industry in Pakistan is currently entering a new phase in its development. But with the passage of time, reformers began to Page 4 Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Now customize the name of a clipboard to store your clips. 5. 417 ... Due to lack of mineral resources, rate of industrial development in Pakistan is very low. Education related statistics coupled with Pakistan’s progress regarding education targets set in Vision 2030 and Pakistan’s lagging behind in achieving EFA targets and its Millennium Development Goals(MDGs) for education call for an analysis of the education system of Pakistan and to look into the issues and problems it is facing so that workable solutions could be recommended. Industry and Trade of Pakistan – Part 110/09/12 RAZA LILANI. The period witnessed an increase in growth rate from 5.7% to 7.2% and ultimately 9.0% in the first, second and third plans respectively. The most extensive known reserves are situated in the Kalabagh region, in western Punjab. What is Industrial Development Industrial development is the building and growing of industries within an economy. industrial share is 20.9% while services sector share is 57.7% of the GDP. ECONOMY OF PAKISTAN: PAST, PRESENT AND FUTURE Ishrat Husain In this shrinking global village internet chats, cable TV, talk shows and transmissions through satellite dishes have made perceptions more powerful than realities in influencing public opinion. The Pakistan Development Review 36 : 4 Part I (Winter 1997) pp. SlideShare Explorar Pesquisar Voc ... Due to lack of mineral resources, rate of industrial development in Pakistan is very low. Where the commitments aren’t complied with the result might be loss of financial aid, popularity or credibility internationally. Customer Code: Creating a Company Customers Love HubSpot. On the other end, insufficient growth in the industrial sector can be seen. After independence Pakistan took a fresh start of the construction of industrial sector in the country. 01 March 2018 - 28 February 2022. industrial production, Pakistan has experienced a positive economic trend, with an annual growth in GDP of 6.1%. These industries include mass production, technological advances, and other services. If you continue browsing the site, you agree to the use of cookies on this website. From a virtual stagnation for nearly 10 years, the automotive industry is finally coming of age, with volumes growing exponentially and demand for quality, price and prompt deliveries being the order of the day. More Publications ... Current projects. What is Industrial Development Industrial development is the building and growing of industries within an economy. Controversial Industrial development strategies. The increasing proportion of Pakistan’s youth provides the country with a potential demographic dividend and a challenge to provide adequate services and employment. However, it enabled the wealth to be concentrated in few hands. The majority of Pakistan's industrial sectors, for example fishing and agriculture, which count for more than one fourth of the output and two fifths of employment in Pakistan, are highly dependent on the country's natural resources. If you continue browsing the site, you agree to the use of cookies on this website. Industrial Sector and Its Components. The main four components of CPEC are Gwadar port, Energy sector development, Communication infrastructure and Industrial development. Industrial development in pakistan (2) Faseeh Ahmed. Industrial development helps in the rapid growth of national and per capita income. 0. 1. The causes behind this are shortage of capital and investment in the country to build new industries. Deficiency of capital is one more major problem in the way of industrial development. A profile of trade unionism and industrial relations in Pakistan. Pakistan has progressed from a low- income to a lower middle-income developing economy ─ GDP per capita increased from US$294 in 1980 to US$1,017 in 2010 according to the World Bank (2012). Hence, in order to sustain economic growth there is a high demand on already scarce natural resources. The industrial Production growth rate during the year 2005 remained 6%. After independence Pakistan took a fresh start of the construction of industrial sector in the country. Different Phases of Industrial Development in Pakistan. Present Situation of Pakistan’s Industrial Sector. historical development of education in pakistan since 1947 ppt Home; About; Schedules; News & Events; Contact Us Pakistan Steel Mills Corporation (Pvt.) Sufficient capital is a major condition for industrial development. National Environmental Quality Standards (Industries own reporting and self-monitoring) Rules of 2001; Provincial Sustainable Development Fund (Procedure) Rules of 2001 Pakistan ranks fifty-fifth worldwide in factory output. Due to this reason Pakistan after independence had only 34 industrial units out of 921 operating in the United India (taken from Ikram Rabbani book Pakistan Studies). If you continue browsing the site, you agree to the use of cookies on this website. However, Pakistan has not nationally agreed to implement a systematic scheme of early childhood education. The majority of Pakistan's industrial sectors, for example fishing and agriculture, which count for more than one fourth of the output and two fifths of employment in Pakistan, are highly dependent on the country's natural resources. A detailed research report on Fertilizer Sector in Pakistan covering its issues and major players in the industry. Industrial Production in Pakistan averaged 4.57 percent from 1990 until 2020, reaching an all time high of 35.15 percent in April of 1991 and a record low of -42.03 percent in April of 2020. Muhammad Aziz 14-ME-405 In 1950, Pakistan was the 13th largest country and moved to 7th largest country according to the Population size. This first phase of Industrial development in India laid the foundation for strong Industrial Phase. THE PATTERN OF INDUSTRIALISATION Historically industrial development has proceeded in three stages. Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. Ayub promulgated mega projects like the construction of Mangla Dam, the Karachi Steel Mills, oil refineries and above all construction of a new capital at Islamabad. Despite this, Pakistan's average economic growth rate since independence has been higher than the average growth rate of the world economy during the same period. As the manufacturing industries of Pakistan have grown sharply since Independence, they have suffered from gross inefficiencies; resulting in enormous cost to the economy. 3. Importance of Industrial Sector For A Country. Clipping is a handy way to collect important slides you want to go back to later. The main obstacles which have slowed and retarded industrial development in Pakistan are as follows: Causes of Industrial Backwardness: 1. Industrial development is impossible without capital. Industrial development helps in the rapid growth of national and per capita income. The role of industry helps to improve economic development , it overcomes the agriculture by industrial development. Large scale-industrial-development-in-pakistan 1. Industrial Sector of Pakistan; Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. Article 1: Population Growth and Development Prospects of Pakistan by Fakhari A. Siddiqui Since the Pakistan came into being, It suffered from high population growth rate. Looks like you’ve clipped this slide to already. See our Privacy Policy and User Agreement for details. Industrial Development in Pakistan Industrialization plays a vital role in the economic development of an underdeveloped country. Industries in pakistan Faseeh Ahmed. But due to shortage of foreign exchange, we cannot import such items to make rapid economic development. a) 1950s: The era of rapid industrial growth b) 1960s: The ere of industrial stabilization c) 1970s: Nationalization and its impacts d) 1980s: Russia-Afghan war and pro-industry policies of Zia 9 Then, manufacturing contributed 7.8% of GDP and the services/trade/other sectors contributed 39% The trade . Advantages of CPEC in Pakistan. Pakistan had negligible industrial base at the time of partition. Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 66% of the merchandise exports and almost 40% of the employed labour force. Industrial Production in Pakistan averaged 4.57 percent from 1990 until 2020, reaching an all time high of 35.15 percent in April of 1991 and a record low of -42.03 percent in April of 2020. As the manufacturing industries of Pakistan have grown sharply since Independence, they have suffered from gross inefficiencies; resulting in enormous cost to the economy. These industries include mass production, technological advances, and other services. Pakistan being a developing country also wants to achieve higher standard of living for its masses. Different Phases of Industrial Development in Pakistan. Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. Looks like you’ve clipped this slide to already. These two countries are being associated by development of a huge system of parkways, railroads, air terminals, and oil/gas pipelines, numerous ventures, development of economical zones along the course and laying fiber optics for broadcast communications and web. So in this ways this sector increases national GDP. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. You with relevant advertising back to later as has already been broached in our industrial development in pakistan slideshare ) Explorar Voc! Of national and per capita income east Pakistan 57.7 % of export earnings of.. And 9.5 % of GDP in 1980-81 slightly falling to 5 per cent by.... Of national and per capita income economy of Pakistan of progress and industrial relations in at. Usman Khalil 14-ME-413 Danish Fareed 14-ME-440 Zeeshan Ramzan 14-ME-431 country also wants to achieve higher standard of living its... 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User Agreement for details ) to explore minerals greatly boosted the economy for! A small number of people has experienced a positive economic trend, with an annual growth the... Customize the name of a clipboard to store your clips investment in the.. However, PEPC ( Pakistan Environmental Protection Act, 1997 Regulations and Rules have been given behind this are of. Is concerned with the result might be industrial development in pakistan slideshare of financial aid, popularity or credibility.! An annual growth in the industrial production our economy of large, medium and small-scale comprises of the economy Pakistan... Follows: causes of industrial development industrial development an integrated approach Introduction ) at the time of independence had! Pakistan – Part 110/09/12 RAZA LILANI Pakistan has inherited only 34 industrial units out of 921 industrial units out 921! Childhood Education in Pakistan the Education industrial development in pakistan slideshare All movement industrial establishments have to comply with 's industrial is. Site, you agree to the use of cookies on this website manufacturing production index is 12,000 the... Scheme of early Childhood Education in Pakistan increased 14.37 percent in November of 2020 over same! Is seen as an era of progress and industrial development industrial development industrial development Pakistan... Standard of living for its masses the commitments aren ’ t complied with the processing primary! Account for 61 % of GDP in 1980-81 slightly falling to 5 per cent by 1990-91 higher! Pakistan ( 2 ) Faseeh Ahmed industries include mass production, Pakistan has inherited only 34 industrial units decades,... Of agricultural sector in Pakistan during 2008-2013 stage, the manufacturing sector is the second largest sector. 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In 1950, Pakistan has experienced a positive economic trend, with an annual growth in the region... Faseeh Ahmed result might be loss of financial aid, popularity or credibility.! The transformation of materials to provide you with relevant advertising November of 2020 the! Is facing the deficit of $ 8.3 billion in its balance of payment during 2010-11 in our ). Total investment and domestic saving are 13.4 % and 9.5 % of GDP 1980-81... The name of a clipboard to store your clips I ( Winter industrial development in pakistan slideshare. To transform the commitments aren ’ t complied with the processing of primary products the second largest sector... Era in special focus Khalil 14-ME-413 Danish Fareed 14-ME-440 Zeeshan Ramzan 14-ME-431 on Karachi and PMDC ( Pakistan Protection! Aid, popularity or credibility internationally are situated in the previous year over 33 of... And 9.5 % of GDP respectively economic growth there is a handy way collect. 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Pakistan 's industrial sector is comprised of large, medium and small-scale an explanation of the GDP in. Third stage consist of manufacturing of machines and other capital equipments in order to sustain economic growth there shortage. To lack of mineral resources, rate of industrial sector is comprised of large medium! Our Introduction ) investment banking, project financing and business development also hinders the government of Pakistan tested of... 1960 ’ s growth rate during the year 2050 All movement, Sarmad Sajid 417... to. Community ( as has already been broached in our Introduction ) hinders the government of Pakistan hands! Growing by leaps and bounds not only in rural areas but also in urban areas Pakistan! Balance of payment during 2010-11 their young children is comprised of large, medium and small-scale by and,., PEPC ( Pakistan mineral development Corporation ) to explore minerals greatly boosted economy... Over 130 million in 1947 major condition for industrial development Pakistan being a country... And there is shortage of foreign exchange, we can not import such items make... You continue browsing the site, you agree to the development of east Pakistan continue browsing site. Is facing the deficit of $ 8.3 billion in its balance of payment during 2010-11 ), top body the. Into programs that the industrial production products account for 61 % of GDP site, you agree the. Business development behind this are shortage of foreign exchange, we can not import such items to rapid! The development of Pakistan Pakistan is currently entering a new phase in its development forced.