Tag Archives: poverty

  Some of the Western experts say that the prime reason of Pakistan’s poverty is its huge population. They may have their own reasons to establish their point of view but many local experts completely disagree with this state of mind. Now there is a growing consensus that a population of 200 million people is country’s biggest asset. At present the country has the largest percentage of youth, which is …

  Micro credit banking has emerged out to be an effective tool to combat wide spread poverty in the third world countries. Provision of credit to the people at grassroots level and small firms is an excellent strategy to boost economic activities and generating job opportunities especially in Balochistan a country’s largest province, with nearly 44 percent of its surface area and a thinly dispersed population of around 7.5 million. …

  Poverty problems can be resolved effectively through Islamic microfinance Islamic Finance is an ideal tool of financial inclusion and can address the poverty issues in East Africa effectively, it was stated by Mr. Zubair Mughal, the Chief Executive Officer of AlHuda Center of Islamic Banking and Economics (CIBE) while addressing with eminent gathering of Banking and Financial industry of Tanzania in Dar es Salaam during a Islamic Banking and …

  It is mandatory, to survive under capitalistic system, to record economic growth every year. This growth is predominantly expressed by a single macro indicator – GDP. The prevailing prices of the factors of production and market prices of goods and services consumed during the year form the basis of GDP calculation. Controlled increase in prices on a sustained basis is the key to the survival off the system. Situations …

  The deficiency of resources is the root cause of underdevelopment in Balochistan. Lack of capital, low investment and low productivity has led to the low income of the province, and hence it is caught up in the vicious circle of poverty. The province’s human and material resources remained unutilized or underutilized. The people are technologically backward. Illiteracy is higher and hence the people lack the initiative and entrepreneurial ability. …

  Poverty is a widespread scarcity, or the state of one who lacks a certain amount of material possessions or money. That is, they have little or no material means of surviving; little or no food, security, clothes, shelter, education, healthcare facilities and other physical means of living and improving one’s life. In Pakistan, poverty is at alarming level and according to a recently revealed Multidimensional Poverty Index (MPI) report …

  There have been certain important organizations that have taken the lead and they must be lauded for their efforts to a certain extent in reducing poverty in an attempt of doing Corporate Social Responsibilities (CSR) in Pakistan, but many firms in a country still lacking CSR practices. The international market is adopting newer and innovative ways for the wellbeing of the poverty stricken people. It is obligatory that the …