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Growing number of business schools

  Over the years there has been a mushroom growth of business schools in Pakistan. A number of universities have established Business Administration Departments. Since this growth has taken place in a rather short span of time, availability of faculty became very difficult. Business schools are now competing directly with trade and industry in hiring the faculty. Now business schools offer attractive salaries, particularly to the visiting faculty members. However, …

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Cambridge versus intermediate education system

  When it comes to primary education, a student in Pakistan has the option either to pursue the local education system, which includes Matric followed by Intermediate or pursue the British education system through O Levels and A Levels. The Cambridge system is usually left for those who can afford the fees structure whereas Matric and Intermediate can be done at fraction of a cost. Post completion of Intermediate or …

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Bearing of university brand names on the job market

  Universities in Pakistan are governed by the Higher Education Commission of Pakistan (HEC) who is responsible for education policy, quality assurance, and degree recognition, development of new institutions and uplift of existing institutions in Pakistan. Pakistan produces about 445,000 university graduates and 10,000 computer science graduates per year. HEC recognises 132 institutions of which 73 are public universities and 59 are private universities. There are 127 universities in total …

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Over 200 PHDs in a year

  Established in 1882 at Lahore, the University of the Punjab is now one of the largest and the oldest seat of higher learning in Pakistan, offering a very broad programme of studies at the Degree, Diploma, Postgraduate, M.Phil, and Ph.D. levels. It set a record in the country by producing over 200 PhDs last year. Being the most prestigious, largest and highest seat of learning in Pakistan, the University …

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Enhancing GDP size

  Two of the common complaints are: 1) Pakistan’s GDP size is too small and 2) GDP growth also does not compare well keeping in view population growth rate. Over the years experts have been working on different options but little has been done to document the economy. According to some experts the size of documented economy is just one-fourth of the actual. On one hand this does not allow …

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Concerted efforts needed to raise GDP in Pakistan

  Pakistan GDP growth rate rose to 3.7 percent in 2012 from the previous year. Throughout the history from 1952 to 2012, GDP growth rate averaged 5.0 Percent reaching an all time high of 10.2 Percent in June of 1954 and a record low of -1.8 percent in June of 1952. Pakistan has a developing semi-industrialized economy that depend mostly on manufacturing, agriculture and remittances. In spite of the fact …

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Contribution of agriculture in GDP

  Agriculture is a predominant activity in most developing countries. As economic growth and development take place, importance of agriculture tends to decline according to the sources. The declining share of agriculture is, however, a slow phenomenon and is felt only over a relatively long time horizon. In Pakistan, the agriculture sector continues to be an essential component in the economy. It currently contributes 21 per cent to GDP. Agriculture …

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‘Shining New’ vs. ‘Out-Of-Date’

  Imported used cars – A cause of discomfort for local industry The people in the local auto industry are on cloud nine after hearing from the government that the age limit for imported used cars has been reduced from five to three years. It is refreshing to hear such good news amidst the never ending plethora of unpleasant tidings. The government has given a reason to car buyers to …

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Coal power generation in the world

  Coal is a valuable and plentiful natural global resource. Not only does coal provide electricity, it is also an essential fuel for steel and cement production, and other industrial activities. World coal consumption was about 7.25 billion tones in 2010 and is expected to increase 48 per cent to 9.05 billion tones by 2030. Total world coal production reached a record level of 7,678 million tones (mt) in 2011, …

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Oil lobby not allowing any other means of power generation

  Government not focused on exploiting potential of other indigenous resources like solar and coal Energy is considered as lifeline of a country’s socio-economic and human development but its scarcity results in grinding halt to almost every sector of life. Pakistan like other Asian countries is also faced with acute energy shortage, especially of electricity, the main source of energy. The electricity crisis did not emerge overnight because the issue …

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