Pakistan is rolling out a five-year industrial policy to slash production costs, revive sick factories and boost exports, in a push to make its manufacturing sector more competitive. The plan includes cheaper power, investor-friendly reforms and stricter contract enforcement, according to officials briefed on the matter. Special Assistant to the Prime Minister on Industries Haroon…
Pakistan has the lowest allocation for agriculture Research and Development (R&D) among South Asian Nations, allocating just 0.12 percent of its Agricultural GDP. With the lowest spending among the SAARC countries, Islamabad also facing challenges in securing international grants for this sector, noted the Senate Standing Committee on Food Security and Research on Wednesday. The…
The government has unveiled a major policy shift to directly aid farmers by offering fertilizer subsidies, bypassing traditional channels that often favor manufacturers over recipients. Federal Energy Minister Musadak Malik announced the decision Thursday, citing concerns that much of the support meant for farmers ends up with factory owners rather than those working the land….
