Despite having tropical wet and dry climate, extensive irrigation makes Punjab a rich agricultural region. Its canal-irrigation system established by the British is the largest in the world. Wheat and cotton are the largest crops. Other crops include rice, sugarcane, millet, corn, oilseeds, pulses, vegetables, and fruits. Livestock and poultry production are also important. Punjab contributes about 76% to annual food grain production in the country. Cotton and rice …
Read More »Lending to farmers shows some disturbing trend
State Bank of Pakistan (SBP) has released data of lending by financial institutions to farmers for the six months period ending December 31, 2013. On the face value it appears that the financial institutions have achieved 44% of the indicative lending trend. However, a deeper probe suggests that challenges like high non-performing loans, inadequate infrastructure and overall security and macroeconomic conditions are the reasons for the lackluster performance. The …
Read More »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 …
Read More »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 …
Read More »McDonald’s has unique system of offering best fast food
Serving approximately 68 million customers globally, McDonald’s is the world’s largest chain of hamburger fast food restaurants with over 30,000 outlets worldwide. McDonald’s has some phenomenal systems in place, developed and proven by the input of billions of dollars and hundreds of thousands of man-hours worth of research. In 1980s, various firms enlarged into global operations by franchise mode of business. Though these firms wanted to stick to their …
Read More »Enhancing wheat production in Balochistan
A long-term strategy needs to be devised to make Balochistan self-reliant in wheat. The province is known as the fruit basket of Pakistan because of its production of high-quality fruits in bulk. The province can also become the country’s food basket if its wheat yield potential is fully and efficiently tapped. It has wheat varieties yield potential of 6.5MT/hectares, but it is getting only 2.4MT/hectares. The province gets 95 …
Read More »How Pakistan can be a hub of trade of Halal food products?
Halal food is often used in reference to foods and drinks, which are permissible for Muslims to eat or drink under Islamic law or in other words Halal is any object or an action which is permissible in Islam. The criteria specifies both what foods are allowed, and how the food must be prepared under the law of Islam. These foods include types of meat and animal tissue. The …
Read More »Fast-expanding Halal food market
One amazing aspect of capitalism is that markets operating under this system harbor no biases; they are commercial to the core. With too many loose ends of capitalism showing off in the last three decades, the world at large hardly desisted from embracing Islamic finance. Same is the case with Halal food industry, which has grown worldwide at an amazing pace. According to the Dubai Chamber of Commerce and …
Read More »Seafood — A prospective wealth of Balochistan
The coastline of a province carries most productive marine ecosystem Balochistan is rich in seafood resources. It enjoys diversity of marine life in nature. Its coastline is the most productive marine ecosystem of the world. According to an estimate, 60 species of fish and 10 of shrimps, including the best in the world, are found in the province. It produces 200,000 tons of fish per year, of which 80,000 tons …
Read More »The ultimate fate of growing global market for halal food
The existing size of Muslim population around the globe and its faster growth rate but more importantly superior quality standards of Halal food are responsible for enormous growth of Halal food market. Apart from Muslim countries many non-Muslim countries now share significant percentage of global trade of Halal food. The factors driving global Halal food trade include: 1) growth in Muslim population, the primary market for Halal food, 2) …
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