pakistan industrial benefit

1. Pak studies
semester project
Group members
Malik Saad Irfan (FA-19-BEE-101)
Muhammad Muzammil (FA-19-
BEE-137)
Shah Hussain (FA-19-BEE-227)

2. Title of project
Political benefits of industrial
development in pakistan

3. Introduction
 Political issue is the biggest challenge that the industry
of Pakistan is facing. Politicians have always been a
threat to Pakistan's industrial sector.
 Pakistan started with a very weak industrial base. At
the time of partition, 33 out of 955 industries came
under the share of Pakistan.
 With the passage of time Pakistan used all its
resources(i.e, domestic and foreign) for the rapid
development of industrial sector.
 The wars of 1947,1965,1971 and 1988 have badly
impacted Pakistan’s economy and severely effected
Pakistan’s industrial sector.

4. Industry: Defination
 “Any large-scale business activity or a type of
productive manufacture or trade.”
 Any large-scale business that maufactures a
particular product is reffered to as industry.
 For example, cotton industry, sports industry,
mining industry etc.

5. Importance of industry
 Employment in the state: With the development of the industrial sector the
employment opportunities can increase, and the rate of unemployment can
reduce.
 Increase in GNP: Due to industrialization, the production of goods in the
country increases. The resources of the country are properly utilized.
 Effects on Import and Export: Industrial growth can generate foreign
exchange by exporting finished goods and thus expand its trade and
commerce. It will also reduce our imports.
 Agriculture Sector: Industries provide machineries like tractors and modern
inputs to the agricultural sector. It improves the working and lifestyle of the
farmers.
 Defense System: It provides arms and ammunition for the defense of a
country, without these the country will become extremely vulnerable.

6. Industrial sector of pakistan
 At the time of independence, Pakistan has inherited only 34 industrial
units out of 921 industrial units in the subcontinent. They were cotton
textile, cigarettes, sugar, rice husking, cotton ginning, and flour milling
industries; and together they contributed only 7% of GDP and employed a
little over 26,000 employees.
 Major Industries of Pakistan:
 Manufacturing.
 Services.
 Agriculture.
Largest Industry of Pakistan:
 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 labor force. Cotton and cotton-based
products account for 61% of export earnings of Pakistan”

7. Political benefits of
industrialization in pakistan
 Government and industries are closely related
 One of the major benefit is the subsidy that the
government gives to the industries. No condition is
imposed on the industries regarding the subsidy. This is
one of the political benefits.
 As progress progressed in the 1960s, the Ayub
government relied more and more politically on the
support and awareness of the larger business interests
that had helped it. So the government also relies on
industries to meet up their economic issues.
 As there are benefits, there are challenges too, so we will
discuss the challenges in the preceeding slides.

8. Challenges
social and economic:
 Social challenges
 The Industrial Revolution had many positive effects. These included
increasing wealth, producing goods, and improving living standards.
People had access to healthy food, better housing and cheaper goods. In
addition, education increased during the Industrial Revolution.
Industrialization creates great opportunities in many fields. So in social
challenges we have the challenges of giving job opportunities and
educational opportunities.
 We have to increase our industrial growth to increase job opportunities in
country.
 We have to establish more and more educational institutions to provide
more educational opportunities to people and these are the challenges.
 When these challenges will be countered we will move towards industrial
revolution.

9. Economic challenges
 Trade Deficit: it is an economic term. It means when the exports of a
country are lower than its imports. Pakistan also faces a trade deficit. One of
the main reasons for Pakistan's trade deficit is its failure to generate demand
for its industrial products in international markets.
 Government Policies:
 Industrial sector growth depends upon government policies.
 Unfortunately, the government of Pakistan has yet not decided whether her
economy be industrial or agricultural. As Pakistan is an agrarian country and it
is a major source of foreign exchange earnings. Despite these facts, the
government is trying to take the country towards industrialization. Due to this
confusion, the government is unable to formulate flexible policies for the growth
and development of industries in the country.
 High taxes: An unstable economy and poor collection of taxes cause loss to
the government which results in a poor economy, and for that government
implement more taxes on the industrial sectors to fulfill the amount of revenue
generated from taxes.

10. Economic challenges continued
 Confused Cabinet:
 In Pakistan, the government sometimes gets
entangled with the different interests of each
member of the cabinet. Ministers whose
families have an agricultural background are
more interested in the development of the
agricultural sector and vice versa. In
government, unfortunately, personal interests
take precedence over national interests.

11. conclusion
 Finally, it is concluded that the Government of Pakistan
should take steps to overcome the deteriorating and
failing situation of the industrial sector. Numerous steps
have been taken by the organization and the
government as mentioned earlier. The best
recommendation is that the government should better
present the privatization of industries.
 The government should adopt some policies. Which
will help in the industrial development of our country
such as providing land for the construction of railways
and maintaining high rates to protect our industries
from foreign competition.

12.  END