English Essay

Essay for CSS | The Major Challenges in Achieving Economic Development in Pakistan

Youth Unemployment

Basically unemployment rate identifies the number of people in percentage which are looking for any job or lively hood as compared to the entire labor force percentage in the state. There are various institutions which calculate this rate according to the consensus, which is being done in every quarter of the fiscal year in Pakistan. The most reliable institution which is accountable for calculating the unemployment rate in Pakistan is the Pakistan Bureau of Statistics. The unemployment rate in Pakistan for the year 2016-2017 is 6 percent. It was 6.30 percent at the start of the second quarter of the fiscal year but at the latter half of the second quarter it declined by 0.30 percent and currently the unemployment rate in Pakistan as per the report of the Pakistan Bureau of Statistics is 6.0 percent

Lack in Quality Education

Education is a key component for economic progress. Unfortunately, our current literacy is 60 percent, least in South Asian countries. About 25 million children in are out of school. More importantly, on grass root level, thousands of schools are lacking very basic facilities such of sanitation, water, electricity, boundary walls etc.

Poor Health Facilities

The public hospitals depict bleak pictures where we find lack of proper medicines, beds, equipment and etc. Due to absence of basic health facilities, 170 women die from pregnancy for every 100,000 births. For every 1,000 babies born, 66 die before their first birthday. In addition, approximately 44 percent children in Pakistan are stunted.. More than 3500 children have lost their lives in three months due to insufficient medical facilities in various Khyber Pakhtunkhwa (KP) hospitals. According to a report obtained by Roznama Dunya, in 15 July, 2017, 40 minors had died on daily basis at government hospitals from January to March whereas 1800 children were born with the weight of less than 2.5 kg. The report also revealed that 150 women died during deliveries in government hospitals whereas 45,640 children came into the world in these three months. 1457 infants fell prey to different diseases

Tax Evasion

Regressive tax system collects about 90 percent tax revenue from common men. Big corporations, landlords, businessmen, politicians do not pay their due share of taxes. They earn lot but pay less tax; on the other hand poor earn less but are taxed more. Each year billion rupees are evaded through tax havens established in foreign counties. The incidences of tax evasion have hampered Pakistan’s economic progress.

Lack of Good Governance

Pakistan suffers from a number of crises but the crisis of good governance is on top because it is the core of all other problems. Our country is suffering from weak institutional set-up, political instability, rampant corruption, lack of accountability and transparency and bad law and order situation.

What should be done to overcome the above challenges?

Government should improve relations with neighboring countries like India, Iran, and Afghanistan.

For economic information, communication and technology sectors among others should be given more preference and government should improve ICTs system. Because in forthcoming years, all the economies will be measured through technologies. India earns lots of money through its IT industry.

The employment zones for youth should be opened so as two-third of youth could contribute for the economy of Pakistan. They could use their potentials and skills for better Pakistan.

The alarming education system should be improved. The quality education from primary to university should be ensured. Proper school monitoring mechanism should be designed. New and upgraded curriculum need to be introduced. Instead of investing lot of budget on defence side, more budgets should be allocated for education.

Quality vocational training zones should be established in each district for youth as they could learn technical skills in different cadres and trades. Government should ensure those vocational zones that how they are operating and functioning. One of the primary ways of enhancing economy is to support entrepreneurship and to create new avenues for growth by guiding the youth.

Before everything else, the government ought to overcome the lingering energy crisis.

Pakistan should enhance export competitiveness by reducing cost of doing business. Pakistan should adopt strategic approach to increase its export in neighboring markets and underline the need of holding single country.

As a result of overall economy dilemma, the common men and women in the country are facing economic deficiency and deprivation.


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