Importance of agriculture in Pakistans economy

Agriculture plays an extremely vital role for economy of Pakistan and its development. 48% of labour force is engaged directly with agriculture. So it is the main source of living or income of the major part of overall economy human population. About 70% of human population is pertains to agriculture immediately or indirectly. Agriculture is the major way to obtain food of huge human population of Pakistan. Agriculture is also the major source of provision of uncooked martial to commercial sector of Pakistan. Its contribution towards GDP is approximately 25% which is greater than contribution of other sector. Pursuing are the key points of importance of agriculture for Pakistan economy.

Source of job:

Pakistan as developing economy the career on regular level has much importance. In such a behalf agriculture has much importance since it provides employment straight or indirectly to the public. Employment directly impacts the GSP of economy as well as the per capita income. With all the upsurge in per capita income living standard raises, higher hygiene facilities & better education facilities are also boosts. All these indicators will be the factors of monetary development. So we can say that agriculture has a great contribution toward monetary development by providing the work.

Food requirement:

Population expansion rate of Pakistan is increasing swiftly. Regarding to UNDP human being development report population development rate of Pakistan is 2% per yr. So with the swiftly increasing population the food need is also increasing quickly. Within this behalf agriculture is the one the major sector which is the getting together with the increasing requirement of food. In addition, it reduces the import of food from other economies. So we can say that agriculture sector is playing very essential role in development of Pakistan by giving the food for massive society as well as assisting the economic expansion.

Contribution in exports:

Major exports or cash vegetation of Pakistan are whole wheat, rice and egyptian cotton. 9. 8 billion Bales of silk cotton are produced per 12 months. Grain crop is produced 4. 3 million lot per time. These agricultural goods are exported to various countries against foreign exchange. This foreign exchange is utilized for the import of industrial or technological tools such as equipment or automobiles. Further this foreign exchange is useful to improve the infrastructure of economy or for improving the other sector of economy like education, health insurance and investments.

Raw material for sectors:

Industries have great importance for the introduction of any country specially for expanding economies like Pakistan. Companies need raw material to produce finish goods. In Pakistan agriculture provides organic material to sectors. Cotton is vital agricultural creation which is also major export of Pakistan. It is used as raw material in textile sectors. The production of the textile industries is exported to various countries against forex. Live stock is also an agricultural sector. It also performs very important role to export goods by providing the raw materials to various market sectors like activities goods market sectors and leather business. So in this manner agriculture helps to Pakistan economy and its own growth toward development.

Infrastructural development:

Infrastructure takes on very important role to development of any overall economy. It is fuel to the overall economy development. Well organised infrastructure is an integral to development because of quick method of travelling of agricultural goods or goods (raw material or finish goods) and communication. On circulation purpose of agricultural products good and quick means of transportation will be required this intends to enhance the infrastructure quickly. So agriculture play important role to the introduction of transportation for the purpose of distribution of goods.

Increase in GDP level:

Agriculture has huge contribution toward GDP of Pakistan current economic climate. it contributes about 25% of total GDP, which is larger than other industries of Pakistan. Upsurge in GDP shows the expanding progress of the market. It has performed very important role since freedom toward GDP of Pakistan. Now agriculture is the 3rd largest sector of adding to GDP. Live stock and fisheries are the huge sector of agriculture in order to providing the work. Employment donate to GDP, it is really as with the upsurge in job the per capita income increase which leads to increase in GDP rate of the economy.

Decreasing in rural poverty:

Agriculture sector has played very important role in order to reduction of rural poverty. Since 1975 to 2000 the GDP progress rate of agriculture was about 4. 1% per calendar year. Green revolution technology in irrigation, advanced seeds and fertilizers performed very essential role to boost the agricultural creation which results in upsurge in GDP. Through this technology farmers with land gain the opportunity to increase their development. So in this way arable lands became cultivated lands and farmers got the market of agricultural products against some come back.

Development of banking sector:

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

Farm mechanization:

Introduction of farm mechanization in agricultural sector got played extremely effective role in the introduction of economy. By using modern equipment in agricultural lands causes more and high quality development of crops. Therefore the provision of natural materials to the establishments increases. Due to increase in production level the export rate of major export vegetation is increased which causes foreign exchange and economic development.

Use of Nanotechnology:

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

Role of dairy products farming:

Dairy farming from agricultural sector has also performed a great role in financial development. Livestock or dairy farming has huge contribution toward economical growth. The twelve-monthly health proteins per capita is 18 kg of beef and 155 litters of dairy. This is the highest rate in South Asia. Dairy and meat and their by products have a good market. Farmers can receive a good return by producing and providing the products to the market. This process results into increase in per capita income as well as increase in nationwide income of the economy.

Role of textile companies:

In economical development textile business takes on very important role. These industries totally rely upon agriculture development in raw form. Natural cotton is the major crop which is employed as raw materials for these market sectors for production purpose. Further the products are exported to many economies against foreign exchange. So silk cotton as raw material from agriculture side contributes toward increase in NI (National Income). Textile sectors also provide employment level which escalates the per capita income of the person. So we can say that contribution of textile business in the introduction of economy has much importance.

Role of sugars industries:

Sugar industry is also one of the major areas of economy which includes great importance matching to development of current economic climate. That is totally agricultural based industry. Sugars cane is produced on very large size in many areas of Pakistan. This further materials to sugar companies for the production of sugars and other by products which has great market. As large size companies these also really helps to provide career level to the public. This results into upsurge in per capita income as well as enhances living specifications.

Rice Export Corporation:

Many regions of Pakistan have much importance according to the production of grain crop. In some areas the globe most famous grain crop is produced. An enormous volume is exported to numerous economies against forex. This forex is further employed in import of various other products like modern tools or machinery or this is applied for the improvement of infrastructure of the economy.

Role of fishery:

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

Forestry:

About 4% of land is protected with forests in Pakistan. This is actually the major source of paper, lumber, fuel lumber, and latex medicine. Additionally it is used for the purpose of animals conservation and ecotourism.

Recommendation:

Agriculture has much importance toward the development of any economy specifically for producing countries like Pakistan since it is really the only sector which provides the basic essentials of life. Since it is very basic and important sector there must be some steps to enhance the productivity and efficiency of this sector. Pursuing are some details which may affect the efficiency of the sector for the development of economy.

Measure to enhance the efficiency of agricultural sector for development of market:

Yield collection problems:

The assortment of produce from small farmers is very expensive & difficult process. So it is a superb problem of marketing. There must be some easy way for collection of produce from the farmers.

Rough grading Products:

Commodities or products that happen to be graded have higher price on the market. In Pakistan mixing of poor & good attributes are normal. So grading problems must reduce.

Storage problems:

The storage area facilities in marketplaces are not enough, seller cannot store & await a higher price of the merchandise due to lack of warehouses. Because of this some perishable produce suffers reduction.

Middleman's role:

The middleman requires a big show of farmer crop without doing anything. The farmers borrow the money from them & sell their products at low prices. Which means this is a major damage to the farmers.

Transportation problems:

Our sources of transportation are inadequate, so regular supply of product is not possible to the market. The village aren't properly linked to the market segments. For proper provision of products to the marketplace their must be sufficient as well as fast means of transportation.

Revenue system:

Our farmers have to pay land revenue after the harvesting of every crop, so it makes the farmers to sell their produce at good deal.

Market Advisory Committee (Apple pc):

MAC (Market Advisory Committee) at area and tehsil level should be create to provide technical tips and information to marketing societies. The officers of co-operative & agriculture division ought to be the associates of the committee.

Market reforms:

The administration should enhance the markets system. Rigid rules and regulations should be introduced. The costs of agricultural products should be examined by the inspectors in the market.

Use of modern inputs:

To raise the creation level as well as the product quality there has to be use of modern inputs.

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