Uneasy Lies the Head That Wears the Crown
AGRICULTURE SECTOR OF PAKISTAN
By
Sajjad Raza
To
Akbar-Ullah
Department of Economics
Pakistan Institute of Development Economics Islamabad
Spring, 2013 1.
INTRODUCTION
Economy of every state depends on three sectors i.e. agriculture, industry and commerce. These three are interrelated with each other as the progress or retrogress of one sector effects the other two. Pakistan is an agricultural state thus agriculture gains are of much importance than any other sector. Importance of this sector is manifold as it feeds people, provides raw material for industry and is a base for foreign trade. Pakistan's principal natural resources are arable land and water. About 25% of Pakistan's total land area is under cultivation and is watered by one of the largest irrigation systems in the world. Pakistan irrigates three times more acres than Russia. Agriculture accounts for about 21.2% of GDP and employs about 43% of the labor force. In Pakistan, the most agricultural province is Punjab where wheat and cotton are the most grown. Some people also have mango orchards but due to some problems like weather, they're not found in a big range. Foreign exchange earned from merchandise exports is 45% of total exports of Pakistan. It contributes 26% of GDP and 52% of the total populace is getting its livelihood from it. 67.5% people are living in the rural Ares of Pakistan and are directly involved in it. There are two crops in Pakistan i.e. Rabi & Kharif. Major crops of Pakistan are wheat, rice, maize, cotton and sugar cane. These major crops contributed 7.7% last year against the set target of 4.5%. Minor crops are canola, onions, mangoes and pulses which contributed 3.6% as there was no virus attack last year. Fishery and Forestry contributes 16.6% and 8.8% respectively. 2.1.
BACKGROUNG
Farming is Pakistan's largest economic activity. In FY 1993, agriculture, and small-scale forestry and fishing, contributed 25 percent of GDP and employed 48
By
Sajjad Raza
To
Akbar-Ullah
Department of Economics
Pakistan Institute of Development Economics Islamabad
Spring, 2013 1.
INTRODUCTION
Economy of every state depends on three sectors i.e. agriculture, industry and commerce. These three are interrelated with each other as the progress or retrogress of one sector effects the other two. Pakistan is an agricultural state thus agriculture gains are of much importance than any other sector. Importance of this sector is manifold as it feeds people, provides raw material for industry and is a base for foreign trade. Pakistan's principal natural resources are arable land and water. About 25% of Pakistan's total land area is under cultivation and is watered by one of the largest irrigation systems in the world. Pakistan irrigates three times more acres than Russia. Agriculture accounts for about 21.2% of GDP and employs about 43% of the labor force. In Pakistan, the most agricultural province is Punjab where wheat and cotton are the most grown. Some people also have mango orchards but due to some problems like weather, they're not found in a big range. Foreign exchange earned from merchandise exports is 45% of total exports of Pakistan. It contributes 26% of GDP and 52% of the total populace is getting its livelihood from it. 67.5% people are living in the rural Ares of Pakistan and are directly involved in it. There are two crops in Pakistan i.e. Rabi & Kharif. Major crops of Pakistan are wheat, rice, maize, cotton and sugar cane. These major crops contributed 7.7% last year against the set target of 4.5%. Minor crops are canola, onions, mangoes and pulses which contributed 3.6% as there was no virus attack last year. Fishery and Forestry contributes 16.6% and 8.8% respectively. 2.1.
BACKGROUNG
Farming is Pakistan's largest economic activity. In FY 1993, agriculture, and small-scale forestry and fishing, contributed 25 percent of GDP and employed 48