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Tag Archives: agriculture

Value addition in agriculture

  It is often said that share of agriculture in Pakistan’s GDP has reduced to less than one-fourth, which is partly right and partly wrong. The key reason is that the country has failed in achieving higher value additions in the sector. With the reduction in average income of rural population there has been huge migration to urban areas, which has its own repercussions. Therefore, there is a need to …

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Contribution of the agricultural sector towards the economic growth of Pakistan

  For Pakistan, the agricultural sector has always held great significance. The country has always had a great deal of potential in terms of the agricultural sector and at the time of independence as well, it was considered to be a country whose economy centered on this particular sector. As industrialization occurred in Pakistan and the birth of industries began, the economy of the country began to diversify. Despite this …

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Crop insurance for farmers vital for agri growth

  Agricultural production and farm incomes in Pakistan are frequently affected by natural disasters such as droughts, floods, cyclones, storms, landslides and the earthquakes. Destruction to agriculture is often combined by the outbreak of epidemics and man-made disasters such as fire, sale of unauthentic seeds, fertilizers and pesticides, etc. Farmers across the country had suffered losses of billions of rupees due to floods of 2010 and rains of 2011. Agricultural …

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Solution to Pakistan’s energy crisis

  Pakistan a nation with sized land area, population and economy. The country has lots of sun with density higher than many of the Asian countries. The country is facing a huge problem of energy, which has affected both the agriculture and the industry. With shortage of funds and lack of knowledge in the energy sector, too much of the bureaucratic thinking has caused lots of frustration among the people …

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International standard drug testing laboratory unveiled in Punjab

  Elements involve in food adulteration, spurious drugs, substandard and bogus agriculture medicines will be severely penalized The PML-N led Punjab government is spending billions of rupees to provide quality healthcare to people through a comprehensive program by activating rural and basic health centers and in this kind the first-ever international standard model drug testing laboratory of the country has been made functional in Punjab while work is underway for …

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Pakistani rice, agriculture products entering into Eastern markets and Russia

  Pakistan’s total export volume is estimated at around $25 billion per annum, which is mainly consists of cotton and textile products while the global economic slow down has also an impact on the exports which are being witnessed on a decline. However, apart from external factors some of the major issues including energy shortages, such as gas and frequent loadshedding and of course the high tariff rates are some …

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Agriculture a vital factor of economy needs more value-added exploring

  No doubt, agriculture sector is a vital component of Pakistan’s economy as it offers the raw materials to down the line industries and assists inpoverty alleviation. This sector contributed 19.8 percent in GDP and it remains by far the largest employer absorbing 42.3 percent of Pakistan’s total labor force. The agriculture sector growth is contingent on favorable climate conditions. There is a strong relationship between agriculture and climate/temperature, precipitation, …

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SALAM — An innovative agriculture finance option

  For over 6 million Pakistani smallholders with 10 acres of land or less, financing options are very limited and preventing them from building assets over time. Most cannot or will not go to banks because doing so would require using land as collateral, repaying loans in strict monthly installments and paying penalties if payments are late. Moreover, it can be hard to find a bank close to home and, …

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Accelerating growth of the agriculture and agro-based industry through crop technologies need of the hour

  Crop yields can be increased by 50% through the use of new technology, seed varieties Developing competitive agro-industries is crucial for generating employment and income opportunities, as it enhances the quality of farm products. Agro-industries have the potential to provide employment for the rural population not only in farming, but also in off-farm activities such as handling, packaging, processing, transporting and marketing of food and agricultural products. There are …

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Islamic agricultural finance — An ideal product for the development of rural economy

  The agriculture sector lacks financial resources, due to which small-scale farmers are facing a lot of problems, consequently affecting the agriculture and livestock sector. But in Muslim countries including Pakistan, the primary reason behind the lack of financial inclusion in the agricultural sector is unavailability of such financial products that are in correlation with the religious and social belief of the Muslims and if we want to promote agriculture …

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