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Agriculture (Pakistan Economic Survey)

In: Other Topics

Submitted By kashifnisar81
Words 9649
Pages 39
Chapter 2


Agriculture is central to economic growth and development in Pakistan. Being the dominant sector it contributes 21.4 percent to GDP, employs 45 percent of the country’s labour force and contributes in the growth of other sectors of the economy. The healthy expansion in agriculture stimulates domestic demand for industrial goods and other services and supplying raw material to agro-based industry notably cotton textile industry which is the largest subsector of manufacturing sector. The government under paradigm of the new growth strategy envisioned to enhance growth in agriculture sector by facilitating agriculture productivity sustainable environment, increasing competitiveness in agriculture marketing and trade by providing friendly climate for more investment in the sector. However, draft tenth 5 years plan also envisages improving the productivity, profitability competitiveness and environmental sustainability of agriculture. Overall agriculture development strategy revolves to foster private sector-led development with public sector providing enabling environment through policy interventions and play capacity building role to improve agriculture related practices. The emphasis is on improving productivity and moving from subsistence to market oriented farming in the country to meet the domestic demand and surplus for export. The objective is to exploit potentials of our agriculture sector and use it as engine for economic growth and food security for the country. Consequent upon the devolution of Ministry of Food & Agriculture and Ministry of Livestock and Dairy Development, their development projects were divided into three categories i.e. devolved to provinces, transferred to other federal ministries and closed down owing to near completion or completion. A new ministry namely Ministry of National Food Security and Research has been…...

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