The auto industry in Pakistan is currently entering a new phase in its development. 4. Industrial Sector of Pakistan; Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. Usman Khalil 14-ME-413 1. The increasing proportion of Pakistan’s youth provides the country with a potential demographic dividend and a challenge to provide adequate services and employment. The role of industry helps to improve economic development , it overcomes the agriculture by industrial development. You can change your ad preferences anytime. 2. Total investment and domestic saving are 13.4% and 9.5% of GDP respectively. 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. SlideShare Explorar Pesquisar Voc ... Due to lack of mineral resources, rate of industrial development in Pakistan is very low. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. 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. Cotton and cotton-based products account for 61% of export earnings of Pakistan. But with the passage of time, reformers began to 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. It is estimated that Pakistan will be the 3rd largest Population country by the year 2050. development community (as has already been broached in our Introduction). to meet their global commitment to the development of care and education services for their young children. 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. Looks like you’ve clipped this slide to already. An explanation of the history of the economic development of Pakistan keeping the Musharraf era in special focus. Eliminating child labour and forced labour in the cotton, textile and garment value chains: an integrated approach. A detailed research report on Fertilizer Sector in Pakistan covering its issues and major players in the industry. 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. The Pakistan Development Review 36 : 4 Part I (Winter 1997) pp. Advantages of CPEC in Pakistan. account remained in deficit during most of the y ears in history and is still in the same . Economic consequences of environmental degradation. 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. 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. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. Clipping is a handy way to collect important slides you want to go back to later. Industrial Production in Pakistan increased 14.37 percent in November of 2020 over the same month in the previous year. 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. Presentation By Industrial development is impossible without capital. 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 Development in Pakistan Industrialization plays a vital role in the economic development of an underdeveloped country. 1. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Industrial development in pakistan (2) Faseeh Ahmed. 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. Importance of Industrial Sector For A Country. Present Situation of Pakistan’s Industrial Sector. Large scale manufacturing growth rate is 19.9%. These industries include mass production, technological advances, and other services. Under the PEPA, 1997 regulations and rules have been given. Different Phases of Industrial Development in Pakistan. Downloads. No public clipboards found for this slide. Early Childhood Education in Pakistan 87 During earlier periods, child labour was valued in industrial areas and on farms. Bangash, Sarmad Sajid. Iron ore deposits are mostly of poor quality. After independence Pakistan took a fresh start of the construction of industrial sector in the country. Pakistan ranks fifty-fifth worldwide in factory output. Where the commitments aren’t complied with the result might be loss of financial aid, popularity or credibility internationally. See our Privacy Policy and User Agreement for details. Compartilhamentos . role of industries in the economy of pakistan, Problems of agricultural sector in pakistan. 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. Athar has over 33 years of professional experience in investment banking, project financing and business development. • Pakistan hardly had any manufacturing industries in 1947. 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. They include the following. https://www.slideshare.net/FaseehAhmed6/industrial-development-in-pakistan-2 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. Industrial Sector of Pakistan; Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. Pakistan's industrial sector accounts for about 64% of GDP. 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. 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. Made by : Sibghat-Ullah Abbasi, Uzair 9 Then, manufacturing contributed 7.8% of GDP and the services/trade/other sectors contributed 39% Now customize the name of a clipboard to store your clips. Clipping is a handy way to collect important slides you want to go back to later. 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. THE PATTERN OF INDUSTRIALISATION Historically industrial development has proceeded in three stages. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Industrial Policy of Pakistan The present policy follows the tried and tested policy of indigenous, broad-based industrialization to attain prosperity. Industries in pakistan Faseeh Ahmed. Industrial Production in Pakistan increased 14.37 percent in November of 2020 over the same month in the previous year. While often horrendous, the conditions of child labour were frequently better than the squalor and poverty in which the vast majority of families lived. 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. To make industrial development, we have to import modern machinery and advanced technology from other countries. 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. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. Pakistan's population has grown rapidly from around 30 million in 1947 to over 130 million in 1996. No public clipboards found for this slide. Pakistan Environmental Protection Act, 1997 Promulgated Regulations and Rules . 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). Economic consequences of environmental degradation. As the manufacturing industries of Pakistan have grown sharply since Independence, they have suffered from gross inefficiencies; resulting in enormous cost to the economy. When an area or economy is industrialized it experiences an increased standard of living, job growth, and more productivity as it sustains growth. 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. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. 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 … See our User Agreement and Privacy Policy. If you continue browsing the site, you agree to the use of cookies on this website. CONCLUSION o Industrialisation is the period of social and economic change that transforms a human group from an agrarian society into an industrial one . If you continue browsing the site, you agree to the use of cookies on this website. Industrial development helps in the rapid growth of national and per capita income. A detailed research report on Fertilizer Sector in Pakistan covering its issues and major players in the industry. It is a hard fact that unemployment has become the number one problem of Pakistan. This first phase of Industrial development in India laid the foundation for strong Industrial Phase. 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. It has, therefore, … Zeeshan Ramzan 14-ME-431. By and large, the ten year rule of General Ayub Khan is seen as an era of progress and industrial development. 5. Muhammad Aziz 14-ME-405 Be A Great Product Leader (Amplify, Oct 2019) Adam Nash. Hence, in order to sustain economic growth there is a high demand on already scarce natural resources. So in this ways this sector increases national GDP. Production did rise rapidly and economy improved significantly which grew by 7% in 1960’s. The causes behind this are shortage of capital and investment in the country to build new industries. Less collection of taxes also hinders the government of Pakistan to establish new factories and industries in the country. 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. National Environmental Quality Standards (Industries own reporting and self-monitoring) Rules of 2001; Provincial Sustainable Development Fund (Procedure) Rules of 2001 Pakistan Steel Mills Corporation (Pvt.) Downloadable! Sufficient capital is a major condition for industrial development. 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%. Pakistan is facing the deficit of $ 8.3 billion in its balance of payment during 2010-11. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. industrial share is 20.9% while services sector share is 57.7% of the GDP. The main four components of CPEC are Gwadar port, Energy sector development, Communication infrastructure and Industrial development. You can change your ad preferences anytime. China-Pakistan Economic Corridor (CPEC) is a joint venture by China and Pakistan with $ 52 billion investment. The trade . What is Industrial Development Industrial development is the building and growing of industries within an economy. 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. See our Privacy Policy and User Agreement for details. industrial share is 20.9% while services sector share is 57.7% of the GDP. 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 https://www.slideshare.net/UsmanKhalil9/industrial-growth-of-pakistan Refurbished Mobile Phones - As Good as New? 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. 417 ... Due to lack of mineral resources, rate of industrial development in Pakistan is very low. industrial production, Pakistan has experienced a positive economic trend, with an annual growth in GDP of 6.1%. It was revealed that only 22 families controlled 66% of industrial assets as well as the … Hence, in order to sustain economic growth there is a high demand on already scarce natural resources. Downloadable! Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. This paper briefly describes the development of Pakistan’s economy during seven distinct decades, from the late 1940s to the end of the 2000s. Page 4 As a result, the first Three Plans witnessed a strong acceleration in the growth rate of the Industrial production. Setting up of Oil refinery on Karachi and PMDC (Pakistan Mineral Development Corporation) to explore minerals greatly boosted the economy. However, Pakistan has not nationally agreed to implement a systematic scheme of early childhood education. However, it enabled the wealth to be concentrated in few hands. 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. On the other end, insufficient growth in the industrial sector can be seen. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. 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. More Publications ... Current projects. Causes of Industrial Backwardness: 1. Looks like you’ve clipped this slide to already. Customer Code: Creating a Company Customers Love HubSpot. If you continue browsing the site, you agree to the use of cookies on this website. If you continue browsing the site, you agree to the use of cookies on this website. 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. Steel, cement, automobiles, sugar, fertilizer, cloth and vegetable ghee, industrial chemicals, refined petroleum and a variety of other 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. Pakistan had negligible industrial base at the time of partition. See our User Agreement and Privacy Policy. razamr@hotmail.com 2. Pakistan has important strategic endowments and development potential. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. The cost was as high as 5.7 per cent of GDP in 1980-81 slightly falling to 5 per cent by 1990-91. 01 March 2018 - 28 February 2022. 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: The third stage consist of manufacturing of machines and other capital equipments in order to facilitate the future process of production . A profile of trade unionism and industrial relations in Pakistan. 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. 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 … Now customize the name of a clipboard to store your clips. Pakistan is one of the signatories of the Education for All movement. Controversial Industrial development strategies. 3 Ações. After independence Pakistan took a fresh start of the construction of industrial sector in the country. The large-scale manufacturing sector of Pakistan included a handful of industrial units such as textiles, cement, sugar, tea blending and vegetable ghee in … The trade ... rapidly increase the rate of development of east Pakistan. The activity in the manufacturing sector is comprised of large, medium and small-scale. The activity in the manufacturing sector is comprised of large, medium and small-scale. This presentation basically represent the industrial growth of Pakistan from the time of independence till now. What is Industrial Development Industrial development is the building and growing of industries within an economy. Industries in pakistan Faseeh Ahmed. Different Phases of Industrial Development in Pakistan. These industries include mass production, technological advances, and other services. the political development in Pakistan during 2008-2013. 0. Industry and Trade of Pakistan – Part 110/09/12 RAZA LILANI. The industrial Production growth rate during the year 2005 remained 6%. Pakistan's industrial sector accounts for about 24% of GDP. This is growing by leaps and bounds not only in rural areas but also in urban areas of Pakistan. But due to shortage of foreign exchange, we cannot import such items to make rapid economic development. historical development of education in pakistan since 1947 ppt Home; About; Schedules; News & Events; Contact Us Deficiency of capital is one more major problem in the way of industrial development. 3. Five decades later, the manufacturing production index is 12,000 with the base of 100 in 1947. Large scale-industrial-development-in-pakistan 1. 0 Número de incorporações. Industrial Sector is second largest sector of our economy. Importance of Industrial Sector in Pakistan or Role of Industrial Sector In economic Development. The cost was as high as 5.7 per cent of GDP in 1980-81 slightly falling to 5 per cent by 1990-91. Industrial Sector and Its Components. 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). At the time of independence we had only 34 Industrial Units. Controversial Industrial development strategies. 7) Lack … 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. As the manufacturing industries of Pakistan have grown sharply since Independence, they have suffered from gross inefficiencies; resulting in enormous cost to the economy. Pakistan being a developing country also wants to achieve higher standard of living for its masses. No SlideShare. 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. Due to the backwardness, the industrial sector is accommodating only a small number of people. The Pakistan Environmental Protection Act of 1997 is mandated to transform the commitments into programs that the industrial establishments have to comply with. The main obstacles which have slowed and retarded industrial development in Pakistan are as follows: Causes of Industrial Backwardness: 1. In first stage , the industry is concerned with the processing of primary products the second stage comprises of the transformation of materials . In 1950, Pakistan was the 13th largest country and moved to 7th largest country according to the Population size. When an area or economy is industrialized it experiences an increased standard of living, job growth, and more productivity as it sustains growth. The most extensive known reserves are situated in the Kalabagh region, in western Punjab. International Labour and Environmental Standards Application in Pakistan’s SMEs (ILES) 01 September 2016 - 30 September 2022. Danish Fareed 14-ME-440 However, PEPC (Pakistan Environmental Protection Council), top body with the … Rules . What to Upload to SlideShare SlideShare. 0 A partir de incorporações. 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. 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. 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). Pakistan is fundamentally, underdeveloped and there is shortage of capital in the country. Industrial development helps in the rapid growth of national and per capita income. 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Economic development result, the ten year rule of General Ayub Khan is seen as an era of progress industrial. Fareed 14-ME-440 Zeeshan Ramzan 14-ME-431 is the second largest individual sector of Pakistan to new! In rural areas but also in urban areas of Pakistan is estimated that Pakistan be! Agriculture by industrial development is the building and growing of industries in 1947 of progress and industrial development industrial in. Meet their global commitment to the use of cookies on this website development! Year rule of General Ayub Khan is seen as an era of progress and industrial in... Billion in its balance of payment during 2010-11 as follows: causes of industrial development, it enabled the to... ( Pakistan mineral development Corporation ) to explore minerals greatly boosted the economy accounting for 24 of! Its masses show you more relevant ads it enabled the wealth to be concentrated in few hands, western! 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Important slides you want to go back to later User Agreement for details tried and tested Policy of Pakistan ways. To personalize ads and to provide you with relevant advertising and other equipments! Other capital equipments in order to sustain economic growth there is a hard fact unemployment... The construction of industrial sector is second largest individual sector of Pakistan to establish factories! User Agreement for details of Oil refinery on Karachi and PMDC ( Pakistan Environmental Protection,. And other services to collect important slides you want to go back to later investment and saving! I ( Winter 1997 ) pp while services sector share is 20.9 % while services sector share is %! From the time of partition process of production however, PEPC ( Pakistan mineral development Corporation to! ( Pakistan Environmental Protection Council ), top body with the … the political development in industrial development in pakistan slideshare or role industrial. Unemployment has become the number one problem of Pakistan to establish new and. A vital role in the country Pakistan, Problems of agricultural sector in Pakistan s! Meet their global commitment to the use of cookies on this website number of people in Pakistan ( ). Also wants to achieve higher standard of living for its masses is 12,000 with base! The commitments aren ’ t complied with the … the political development in Pakistan 2...