Tuesday, December 31, 2019

INDUSTRIAL SECTOR AND ITS POTENTIAL ROLE IN RURAL AREAS

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INDUSTRIAL SECTOR AND ITS POTENTIAL ROLE IN RURAL AREAS
  Introduction
There is major role of the rural areas on the industrial sector of Pakistan. Most of the industries of Pakistan get their raw material as input from the rural areas such as sugar industries, food industries, cotton industries,  textile industries etc. are the industries which get there input raw material from the different crops cultivated in different rural areas in Pakistan like cotton, wheat, sugar cane etc.

The industrial sector is the backbone of the country its plays very important role in the contribution of gross product of the country. The countries of world are set to be prosperous when there industrial sector is strong. Industrial sector is of great importance for economic development of country. It is historical fact that countries with strong industrial sector have showed more economic growth and development industrial sector has shows improvement in national income and promoting living standards of population.

Industry refers to the sector of economy which is related with manufacturing and production of different products
   Main industries in Pakistan
1.     Textile industries
2.     Sports industries
3.     Sugar industries
4.     Cotton industries
5.     Cement industries
6.     Fertilizer industries
7.     Food industries
8.     Wheat industries

  Types Of industries specially in Rural areas
1.     Textiles
2.     Embriodary
3.     Jewelry
4.     Cutlary
5.     Woodwork
6.     Sports goods
7.     Carpets
8.     Cotton
9.     Sugar
10.Fertilizer
  Some of the Industries in different rural areas of Pakistan
1.     Bandi sugar mill
2.     Jamsahab cotton industry
3.     Look well sport factory Sialkot
4.     Ginza Industry
5.     Sachin sports industry Sialkot
6.     Agro based Inustry tharparkur.
7.     Mustafa Cotton Industry sanghar
8.     Faisal Industries limited Sanghar.
9.     Bismillah Cotton Industry rajanpur
10.Unilever Pakistan Rahim yar khan
11.Naveena Indutries
12.Rakapohi Marbal Industry

Industrial sector is the second largest individual sector of the economy accounting for 24% of the GPD. The activity in the manufacturing sector is comprised of large, medium and small-scale. The industrial production growth rate during the year 2005 remained 6%. Large scale manufacturing growth rate is 19.9%

Most of the present economic problems in Pakistan are ultimately linked to the slow pace of industrial development. Rapid industrialization is considered by the economic exports as the sovereign remedy to put our economy on a sound basis. Importance of industrial sector in Pakistan or role of industrial sector in economic development.

   Higher standard of living
Industrialization helps in increasing the value of output per worker. The income of the labor, due to higher productivity increases. The rise in income raises the living standard of the people.

   Problem:-
Pakistan is suffer from low economic conditions it is great problem for developing new industries. Specially in rural areas peoples suffer from poverty , low economic situations. But the rates of things are equal to the urban areas. Another problem specially occurs in the season of sugarcane. Sugarcane cultivated in rural areas of Pakistan. Sugar mills sudden stop to take more sugarcane and they reduce the rates of sugarcane. Some more industries of Pakistan who take advantages of seasons like sugar and cotton season. Industrial sector in rural areas become cause of pollution.Rural areas Industries approaches only huge landlords , accept small agriculturist.
1.     Shortage of Capital
2.     Limited Markets
3.     Limited markets
4.     Lack of technical research
5.     Unbalanced industrial structure
6.     Labor unrest
7.     Nationalization
8.     Lack of specialization
9.     Inflationary pressure
10.Scarcity of minerals
11.Political instability



   Solution.
Government of Pakistan need to take steps for increasing economic Levels. Support industries of Pakistan especially those situated in rural areas. Give them subsidy and restricted them that they never reduce the rates. Rural industries sector reduce poverty and unemployment.
Following are the solutions.
1.     Clear strategy for industrial sector
2.     Provision of infrastructure
3.     Development of capital goods industry
4.     Industrial research
5.     Fiscal incentive
6.     Technical education and training
7.     Optimum diversification
8.     Offer peaceful environment
9.     Expansion of markets
10.Taxation
11.Supply of raw material
12.Establishment of government enterprises
13.Supply
How industrial sector can play it’s role in rural areas?
            Industrial development has greater potential in expansion of economic activities and it will eventually help in development of rural assets along with income generation, development of infrastructure, raising standard of living and per capital income for rural people. It create employment, Reduce unemployment, Development of new schools, Reduce poverty . People not migrate to the urban areas .Rural peoples become financially strong. 
  Conclusion:-
o   Industry Sector is the backbone of Pakistan.
o   Industries in Rural areas help in developing rural areas and the peoples of rural areas.
o   Government should give subsidy to the industries.
o Industries need to make his surroundings clean and pollution free environment.
o   It Plays an potential role.


Authors:

Students of BBA 2K19 Batch,Shaheed Benazir Bhutto University, Shaheed Benazirabad Sindh.

  • Mehtab Ali
  • Jawaria Abbas
  • Tatheer Zahra






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