Manufacturing Sectors of Pakistan

Submitted To: Ma’am Khatiba Submitted By: Ishtiaq Bhatti Roll No: 17 BBA(Hon’s) Subject: Pakistan Economy

In 1950, became first Pakistani to lead army as its Commander-In-Chief.Army took control of the country in 1958 & appointed General Ayub Khan as Chief Martial Law Administrator.Soon after, Ayub Khan declared himself as President.

AYUB KHAN ERA (1958-

1968)

GDP Rate (1958-1968)

Manufacturing Sectors

New Industrial PolicyIn 1958 Military government

came into power In February 1959 Announced a

new industrial policy Policy was a duplication of 1948

Focused on Private Enterprise Role of private and public Sectors

Industrial Growth Private investment Industrial Policy

1959 Maximum Scope would

be given to private Sectors

To achieves balance of development

Government would start an operation

Role of Central Government Centralized Decision making Responsible for over all industrial

development

Industrial Policy of 1959Emphasis on Private Sectors Development of Agro Based industriesCotton , silk & woolen textiles , Oil industries Focus on Export industries Shifting From Consumer good to Capital

Goods Consumer good are not used to produce

other goods they are used by consumer by consumer

Capital goods are used to produce consumer goods Example: machines

Exports Promotion To promote Export Export Promotion Bureaus

Scheme in 1959 Export Credit Guarantee Scheme

in 1962Export market Development fund

in 1966Pakistan international house in

1968

Zulfiqar Ali Bhutto Era (1970-1977)

Main features of PPP government Nationalization Policy Government took over the

management of 32 industries Rule of Share Ownership &

Compensation In August 1973 order were issued

this order enable the federal government to acquire majority share of the units on the basis of compensation to the old owner

Measure for private Sectors Elimination of Management Agency

System It has enable a few families to gain control over

the industry sector Voting & Representation System Hydrogenated Oil Industries Act 1973 2 September 26 industries producing ghee were

nationalizedPakistan Maritime Shipping The management of national shipping

corporation & 9 other shipping industries were nationalized

Nationalization of Agricultural Processing industries In July 1976 government took over some

agriculture industries Example cotton ginning industries large flower mills

LABOUR FRFORMS Give the industrial worker a say in the

factory Increase in import and export Duties Tax etc Fiscal incentive To establishment industries in less develop

areas

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