Backwardness of Industry in Pakistan
Causes of Backwardness of Industry in Pakistan
Following
are the causes of the lack of industrial progress in Pakistan.
(I)
Industrial Policies of Different Governments
When
new government takes over it disposes of all policies of previous government.
Due to this our country faces great problems and causes lack of progress.
(II)
Decrease in the Capital
Every
industry wants a large number of capitals but due to lack of capital industry
will not progress.
(III)
Limited Markets
Limited
markets are also the cause of lack of industrial progress.
(IV)
Decreases in the Productive Capabilities of the Labor
When
labour will works hard then any industry makes progress and production will
also improve and increase. If labor will not work then industry will
deteriorate.
(V) Lack
of Means of Transportation and Communication
Communication
plays an important and vital role in industry’s progress. If communication
system is in disorder then our product is out of order. That’s why lack of
communication and transportation also causes the industry failure.
(VI)
Expensive Means
Expensive
means of transportation and communication.
(VII) Lack
of Technical Knowledge
If
workers are not technical minded then our industry will not progress. Lack of
our technical workers is the downfall of our industries.
(VIII)
Shortage of Entrepreneurs
Because
of shortage of entrepreneurs industry will not progress.
(IX) Lack
of Education
Lack
of political coordination and political stability is the cause of industry’s
failure.
(X) Non-Availability
of Electricity
Non-Availability
of Electricity in many regions.
(XI)
Common Load Shedding
Electricity
plays an important role in Pakistan’s progress. Pakistan is not self sufficient
in electricity that’s why common load shedding also causes failure in
industry’s progress.
(XII)
Economic Restrictions Imposed by Other Countries
An
economic restriction imposed by other countries also causes failure of
industry’s progress.
(XIII)
Lack of Effective Exploration of the World Market
Lack
of effective exploration of the world market also causes failure of industry’s
progress
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