Chapter 26 - 30 Flashcards
In 1947 Pakistan inherited very small industrial infrastructure. Only about ————–of
India’s industry was there in areas of Pakistan
4 percent
Industrial Development Board was formed in. All Five Years Plans from 1955, 1960,
1965-70 paid greater emphasis on private sector and rapid industrialization. It added to
aggregate economic growth.
1948
Pakistan Industrial Development Corporation (PIDC) was established under a law in
- ———–. It encouraged the setting up of industry that was less attractive for the private
sector. Initially 15 industries were identified.
1950
Industrial Development Bank of Pakistan (IDBP) was set up in
1961
Investment Promotion Bureau, ————- was formed for the promotion of domestic and
foreign investment and to provide advice and guidance to investors and provision of
necessary help to them.
1959
Other institutions like ICP, NDFC, NIT were established.
The National Development Finance Corporation NDFC
NIT National Investment Trust Limited. The National Investment Trust Limited (NITL) is the first Asset Management Company of Pakistan, formed in 1962
The investment Corporation of pakistan (ICP) was established through an ordinance passed by Pakistan national assembly in February 1966.
Textiles: It is major industry based on agriculture, heavy textile industry caters to
domestic and external market. Major Centres are
Faisalabad, Multan, Lahore and
Karachi. Woollen Cloth is manufactured in Karachi, Lawrencepur, Harnai, Quaidabad,
Multan and Bannu.
Sugar: Pakistan has made tremendous progress in this industry. It is a food item; agro
based industry, Located in —————–
located in Sindh, Punjab and Sindh.
Cement: This industry has gone through major expansion. Over 20 factories are
established in the pubic and private sectors which cater to Pakistani needs. Still it is
imported
Most of the sites are in Dandot, Daud Khel, Wah, Rori and
Karachi.
Vegetable Ghee: Cooking oil is a major food item. There is much expansion over the
years both in private and public sectors. Now we are self sufficient, although some raw
material for making cooking oil is imported.
About 60 units are in Sindh, Punjab and
NWFP.
Paper: Major paper industry was in East Pakistan, which was lost in 1971. We had to
face shortage of locally made paper after 1971. Now this industry is located in
Noshera,
Charsada, Gujranwala, Lahore, and Gharo. Some quality paper has to be imported.
Machine, tools: Heavy Mechanical Complex (HMC) ————serve this purpose. HMC
was set up with Chinese cooperation.
• Machinery, industrial equipment, engineering goods, engines, machinery for sugar,
cement, and fertilizer industry is prepared here.
Texla
Defence Industry: —————————- is established for weapons and
armaments. HMC is making Tank Rebuild Factory. Kamara Aircraft Rebuild factory
overhaul F-6 and Mirage. It is also manufacturing Maashak, K-8.
Wah Ordnance Complex
Fertilizer, Tobacco and cigarettes, Oil Refineries, Cars and Tractors production,
Shipbuilding: Karachi Shipyard, Ship breaking.
Others
Industries established on small scale, involving a household or small number of people,
use of limited resources, having less investment are called small or cottage industries e.
g., Carpets, sports goods, toys, power or handlooms, handicraft etc.
• Cottage Industry:
Education is a key to development for individual, society and state. It shapes natural qualities and talents of the individuals. It has positive relevance to family and society. It also confers citizens’ confidence to deal with environment, a sense————. Education provides a goal orientation and is helpful to others by educating them.
of purpose
Examination System remained a problematic issue in Pakistan. How to judge the
————— is a difficult question. Instead of comprehension and depth of knowledge
emphasis is laid on test of memory. Learning is geared to passing the examination. Some people
work only at the end of the year and get good marks due to flaw in the system. Some of they use
unfair means. Students have were little knowledge of how the papers are actually graded. This
becomes a serious problem at the higher levels. Still there is a debate that whether Annual
system or Semester system should be adopted
performance of students
Pakistan joined the UN on . It has commitment to the UN Charter and active in UN bodies. Pakistan has enjoyed the Security Council membership for 6 times. It has been a part of UN Peace-Keeping Missions all over the world.
Sept. 30, 1947
Organization of Islamic Conference is the largest Muslim forum in the world. Pakistan was among the 51 Muslim nations which attended the inaugural session in Rabat ———–. Its second conference was held at Lahore in 1974. Pakistani desired to make it an effective forum to address the political, economic, technical, scientific matters. The OIC always supported Pakistan on Kashmir.
(1969)
Pakistan, Iran and Turkey signed Regional Cooperation Development in ————–. It worked for economic development till 1985 when it was renamed as ECO. Later on, Afghanistan and five Central Asian Republics, Azerbaijan, Turkmenistan, Uzbekistan, Tajikistan, Kyrgyzstan, Kazakhstan joined it.
July 1964
