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Home ARTICLES

ROLE OF BUSINESS COMMUNITY IN PAKISTAN’S ECONOMY.

News Desk by News Desk
August 20, 2023
ROLE OF BUSINESS COMMUNITY IN PAKISTAN’S ECONOMY.
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Karachi Pakistan – The business community has always played a major role in Pakistan’s economy. Since 1947 the major development seen is due to the energizing decision of the leading businessmen of Pakistan. Major industries like Telecommunication, IT, Manufacturing , Power & Energy are developed by private sector in Pakistan. Leading banks were also established by the efforts of the business community.

We believe that security is one of the cause of the downfall in the economy of Pakistani business community can also help the Country to solve this problem as well.

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It has become impossible for the bureaucracy to handle the challenge of security in Pakistan .

Now we have to use deserving leadership with a corruption free environment to curb the security problem.

The day the security issues are controlled, we can see boost in the economy and the per capital income as well and rise in foreign investments will be seen surprisingly.

Private sector has zero percent corruption due to a practical HR system with proper benefits to human resource and a strong check on leakages. Comparatively we don’t see such measures in the bureaucracy with a very low salary to the HR and economy all the aspects of corruption.

Broadly speaking the Government should take all the major stake holders of the business community who own the major share in the industrial sector. Strict measures can be exercised to prevent the security challenges involving technology to minimize security threats.

BY : Muhammad Noman Saigal ,

Chef Executive 

N.S. Group,

Former Minister for Health, Environment & Information Technology.

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