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Importance of agriculture in Pakistans market and development

Introduction:

"Agriculture is the of procedure for cultivation of land or ground for production goal". Agriculture performs a very vital role for current economic climate of Pakistan and its development. 48% of labour make is engaged straight with agriculture. So that it is the main way to obtain living or income of the major part of overall economy human population. About 70% of people is relates to agriculture immediately or indirectly. Agriculture is the major way to obtain food of huge populace of Pakistan. Agriculture is also the major source of provision of raw martial to commercial sector of Pakistan. Its contribution towards GDP is about 25% which is greater than contribution of any other sector. Pursuing are the main points worth focusing on of agriculture for Pakistan economy.

Source of job:

Pakistan as growing economy the career on constant level has much importance. On this behalf agriculture has much importance because it provides employment immediately or indirectly to the public. Employment directly affects the GSP of economy as well as the per capita income. Along with the increase in per capita income living standard boosts, higher hygiene facilities & better education facilities are also increases. All these indications will be the factors of economical development. So we can say that agriculture has a great contribution toward economic development by providing the job.

Food need:

Population development rate of Pakistan is increasing swiftly. Corresponding to UNDP human being development report inhabitants growth rate of Pakistan is 2% per 12 months. So with the rapidly increasing population the food requirement is also increasing quickly. In this particular behalf agriculture is the sole the major sector which is the meeting the increasing requirement of food. In addition, it reduces the transfer of food from other economies. So we can say that agriculture sector is participating in very essential role in development of Pakistan by giving the food for massive inhabitants as well as supporting the economic progress.

Contribution in exports:

Major exports or cash vegetation of Pakistan are wheat, rice and organic cotton. 9. 8 billion Bales of silk cotton are produced per yr. Grain crop is produced 4. 3 million ton per calendar year. These agricultural commodities are exported to various countries against foreign exchange. This foreign exchange is implemented for the import of commercial or technological gadgets such as machinery or automobiles. Further this forex is useful to improve the infrastructure of current economic climate or for bettering the other sector of market like education, health insurance and investments.

Raw material for industries:

Industries have great importance for the development of any country specially for growing economies like Pakistan. Sectors need raw materials to produce finish goods. In Pakistan agriculture provides raw material to establishments. Cotton is vital agricultural creation which is also major export of Pakistan. It can be used as raw materials in textile industries. The production of these textile industries is exported to various countries against foreign exchange. Live stock is also an agricultural sector. In addition, it performs very important role to export goods by giving the raw materials to various establishments like sports goods establishments and leather establishments. So in this way agriculture really helps to Pakistan economy and its progress toward development.

Infrastructural development:

Infrastructure takes on very important role to development of any economy. It is gasoline to the economy development. Well organised infrastructure is a key to development because of quick method of travelling of agricultural goods or goods (raw material or finish goods) and communication. On circulation reason for agricultural products good and quick method of transportation are needed this intends to increase the infrastructure rapidly. So agriculture play important role to the introduction of transportation for the intended purpose of circulation of goods.

Increase in GDP level:

Agriculture has huge contribution toward GDP of Pakistan market. it contributes about 25% of total GDP, which is larger than other sectors of Pakistan. Increase in GDP shows the developing improvement of the economy. It has performed very important role since freedom toward GDP of Pakistan. Now agriculture is another major sector of adding to GDP. Live stock and fisheries will be the huge sector of agriculture to be able to providing the occupation. Employment donate to GDP, it is as with the increase in career the per capita income increase which results to upsurge in GDP rate of the overall economy.

Decreasing in rural poverty:

Agriculture sector has enjoyed very important role in order to reduced amount of rural poverty. Since 1975 to 2000 the GDP development rate of agriculture was about 4. 1% per year. Green trend technology in irrigation, better seed products and fertilizers played out very essential role to improve the agricultural creation which results in increase in GDP. Through this technology farmers with land gain the possibility to increase their production. So in this manner arable lands became cultivated lands and farmers received the market of agricultural products against some come back.

Development of banking sector:

Agriculture in addition has added a great role toward the development of bank sector. As the government realized the importance of agriculture, it takes steps to enhance the productivity of plants by giving the credit facilities to the farmers at low interest rates. With utilizing these credits farmers can produce increasingly more crops. For this function government established the ZTBL and other financial institutes for the provision of credit facilities. So in this manner development of banking sector takes place.

Farm mechanization:

Introduction of farm mechanization in agricultural sector experienced played extremely effective role in the development of economy. With the use of modern machinery in agricultural lands causes more and high quality creation of crops. So the provision of organic material to the market sectors increases. Because of increase in productivity level the export rate of major export crops is increased which in turn causes foreign exchange and economic development.

Use of Nanotechnology:

In agricultural sector use of modern tools like nanotechnology has played out very essential role in the introduction of economy. This technology is utilized for producing the high yielding variety with high quality products. High quality products results into high rate of return to the farmers and the per capita income of farmer increases. Upsurge in per capita income shows the progress of current economic climate toward development.

Role of dairy farming:

Dairy farming from agricultural sector has also performed a great role in monetary development. Livestock or dairy products farming has huge contribution toward economical growth. The total annual health proteins per capita is 18 kg of beef and 155 litters of dairy. This is actually the highest rate in South Asia. Dairy and beef and their by products have a good market. Farmers can get a good go back by producing and providing these products to the market. This technique results into increase in per capita income as well as upsurge in national income of the overall economy.

Role of textile sectors:

In financial development textile business performs very important role. These sectors totally rely upon agriculture production in uncooked form. Natural cotton is the major crop which is used as raw material for these market sectors for production goal. Further these products are exported to numerous economies against forex. So silk cotton as raw materials from agriculture side contributes toward increase in NI (Country wide Income). Textile market sectors also provide job level which increases the per capita income of the person. So we can say that contribution of textile establishments in the introduction of overall economy has much importance.

Role of sweets industries:

Sugar industry is also one of the major industries of economy which includes great importance relating to development of current economic climate. That is totally agricultural based mostly industry. Sweets cane is produced on large range in many regions of Pakistan. This further resources to sugar companies for the development of sweets and other by products which has great market. As large scale industries these also helps to provide employment level to the public. This results into upsurge in per capita income as well as boosts living specifications.

Rice Export Organization:

Many regions of Pakistan have much importance in line with the production of grain crop. In some areas the world most famous grain crop is produced. An enormous quantity is exported to numerous economies against foreign exchange. This forex is further utilized in import of some other products like modern tools or equipment or this is employed for the improvement of infrastructure of the economy.

Role of fishery:

Fishing industry plays very important role in the development of national economy. Using a coastline of 814 kilometres Pakistan has enough resources for that remains to totally development. That is also the major export of Pakistan.

Forestry:

About 4% of land is covered with forests in Pakistan. This is actually the major source of paper, lumber, energy real wood, and latex drugs. Additionally it is used for the intended purpose of animals conservation and ecotourism.

Measure to enhance the efficiency of agricultural sector for development of overall economy:

Yield collection problems:

The collection of yield from small farmers is very costly & difficult process. So that it is a superb issue of marketing. There must be some easy method for collection of yield from the farmers.

Rough grading Products:

Commodities or products which are graded have higher price in the market. In Pakistan mixing of poor & good characteristics are normal. So grading problems must reduce.

Storage problems:

The safe-keeping facilities in marketplaces are not enough, seller can not store & wait for a higher price of the merchandise due to lack of warehouses. As a result of this some perishable produce suffers reduction.

Middleman's role:

The middleman calls for a big share of farmer crop without doing anything. The farmers borrow the money from them & sell their products at low prices. So this is a big reduction to the farmers.

Transportation problems:

Our resources of transportation are inadequate, so regular supply of product is extremely hard to the market. The village aren't properly linked to the marketplaces. For proper provision of products to the market their must be sufficient as well as fast means of transportation.

Revenue system:

Our farmers need to pay land revenue following the harvesting of each crop, so it makes the farmers to market their produce at good deal.

Market Advisory Committee (Macintosh personal computer):

MAC (Market Advisory Committee) at region and tehsil level should be create to provide complex advice and information to co-operative marketing societies. The officials of co-operative & agriculture team should be the customers of the committee.

Market reforms:

The federal should enhance the markets system. Rigorous rules and laws should be released. The costs of agricultural products should be checked out by the inspectors in the market.

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