DELIVERABLE # O2 TEXTILE INDUSTRY One of the most largest manufacturing industry of Pakistan is the textile industry in Pakistan. After employment textile industry, has traditionally that one industry after agriculture which creates largest number of employment for skilled and unskilled labors. So the textile industry comes under the second largest employment producing sectors in Pakistan. It is the eighth largest exporter in Asia of textile products. It provides employment to almost 15 million people and 30% of the workforce of Pakistan and it contributes in GPA of Pakistan to 8.5%.
Despite of all above problems, dairy animals, mainly buffalo and cattle are producing 26.4 million tones of milk in Pakistan (Agriculture Statistics, 2008-2009). Per capita availability of milk in Pakistan is 82.4 kg annually. This quantity of milk provides more than half of the 17.4 g of animal protein available for each Pakistani daily. But Pakistan still has to import dry milk and other milk products e.g. butter, cheese, yogurt, cream, whey etc.
5- Fuller source of remuneration The agricultural sector is a major source of foreign exchange. Income imports of capital goods. Pakistan's total forex is $ 17.1 out of which 3million is share of agriculture. Pakistan's main cash crops are cotton, rice, tobacco, etc. It is helpful to correct the balance of payments.
The economy has a big tie to how the change in the twentieth century has changed touching base on the main component of technology we as a society use come from resources. Technology that is produced in the economy are from “the key producer of wealth [which] is the worker”(Naiman, 2012, p.80) As Naiman expands on how the worker is the main component of the product being produced which in this case is technology is all narrowed back to the working class. The economy has a lot to do with how change is brought to the twentieth century and the workers who are associated with making goods. The economy is branched into classes, which are distinguished between wealth. The working class “includes wage-workers who are engaged in the production of commodities, the extraction of natural resources, the production of food, the operation of the transportation network required for production and distribution, the construction industry, and the maintenance of energy and communication networks” (Naiman, 2012, p.108).
It is pertinent to mention here that Pakistan imports around three times more pharmaceuticals than it exports. While imports come from all over the world, exports mainly go to a small number of African countries. The market is evenly split between national and multinational companies. Private spending accounts for 65% of total healthcare expenditure sourced through out-of pocket payments, international aid and religious or charitable institutions. Pharmaceutical spending accounts for less than 1% of the country's GDP, comparable to levels in some neighboring countries but above that in some of the South Asian countries.
The share of Pakistan sports goods in total exports of Pakistan is 1.51% (2015-16) with football as major export product having 43% share of total sports goods exported in 2012-13 and major export of Pakistan sports goods are to Europe. This study is an attempt to analyze the contribution of sports goods industry in economic growth of Pakistan. This paper depicts importance of sports goods industry for Pakistan; it also analyzes the SWOT analysis of Pakistan sports goods industry, while various facts and figures are discussed as well. The Pakistan Sports goods and manufacturing association plays vital role in promotion of this industry. Although Sialkot, situated in the Punjab province of Pakistan, who is expert in producing and exporting sports goods and sport accessories all over the world since 100
The term trade can be defined as the transfer of the ownership of goods or services from one person to another in exchange for other goods or services or money. Trade is a backbone of a modern economy. It is not only important for developed countries but is also extremely important for the developing countries. Mentioned below are the few reasons to understand the importance of trade and also the reasons why countries should exercise trade: *Trade allows specialization, which leads to the increase in production of the both countries engaged in trade, in this way they can exchange the goods they produce in abundance and can have the good the other country produces in abundance and also can enjoy comparative or absolute advantage. *It creates
Pakistan is a developing country day by day, and also facing poverty problems ,nearly majority of Pakistan lives in below the poverty-line. According to UNDP- human development report (2008), Pakistan has been 136th position from 177 developing-countries. Nearly, 73% people struggling less than 2 dollar per day. If we position of the Asian countries on earning-poverty, Pakistan offer in last from all the Asian states. Throughout the last ten years ,Government of Pakistan spent compareingtrillions-rupees for poverty reduces programs.