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Importance of natural resources of pakistan
Importance of natural resources of pakistan
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INTRODUCTION
The “Resource” is any economic or productive factor required to accomplish any activity or from which benefit is produced.
The proper use of natural resources along with the human resources is an important key to the economic and the social development and strength of any nation.
There are two types of resources.1)Natural Resources 2)Human Resources
Many of the developing countries like America use their natural resources to the ultimate effect which is an important key to their great economic strength.However,unfortunately,the non-developing nations like Pakistan are not using their natural resources in a way to get maximum results which can covercome the demands with the increasing population growth.
Here we will be discussing the natural resources of Pakistan which are being exploited and how can their use be made more effective.
Key resources of Pakistan
Three key resources of Pakistan are:
1)Coal
2)Cotton
3)Oil and Gas
COAL
For a very long time coal has been used as important source for the energy production,such as the production of electricity and heat.It is also used on the industrial scale for the refining of metals.
Pakistan has fourth largest coal reserves in world.The largest coal reserves of Pakistan are found in Sindh which are approximately are 184.623 billion tonnes.However,small reserves of coal are also found in Punjab,Balouchistan and KPK.
There are number of power stations in Pakistan based on coal as the raw material.The total installed power generation capacity of Pakistan was 21000MWH in 2011.But this amount is not enough to overcome the annaual demand of electricity,since the amount of electricity production from water is also not a large value.
There are a number of coal based power project...
... middle of paper ...
... volumes, which hit 150,000 tonnes. At present,more than 200 packing houses are in action with production of about 8000 metric tons per day. Pakistan exported 268,741 tones of fruits worth US$ 79.83 million during 2000-01 which is increasing per year.
Improvements:
Pakistan is among the largest orange producers and exporters in the world.
Some of ways through which orange industry can be improved are:
1)The seeds should be provided at the cheaper rate with good quality which would encourage more and more farmers to grow this plantation and hence would increase the annual growth.
2)The exported fruit should be of best quality to gain maximum from cultivation.
3)Govt should take proper steps to maintain a proper balance of prices to the seller and the buyer.
4)The insecticides should be provided at the cheaper rate to so that the farmer would make maximum profit.
AICPA Audit Procedures for Agricultural Producers Pt.1 Ch5.02 ?Growing crops and developing animals to be held for sale should be valued at the lower of cost or market.?
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Coal was the cutting edge of energy generation before any other source was extensively used. Wood, wind, water, and muscle power provided nearly all of the energy before the widespread adoption of coal. The greater energy density of coal provides a greater efficiency than these other methods of generating power; combine that greater efficiency with its ease of transportation and coal easily becomes the fuel of a nation. In its early days, coal was mined and consumed in England, a country short on wood and usable water power. This shortage in other areas left a gap that the relatively cheap coal could fill. Coal allowed for industry and manufacturing to grow and produce profits greater than almost any other industry. Coal gained its popularity mainly because it had an economic value in that it provided energy in quantities and in locations that were unobtainable and unreachable for the other energy sources at the time. This start in England led to momentum in ta...
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Countries having natural resources are putting their efforts, not to use what they have. They want to utilize these resources to full fill their own requirements. This Optimistic and pessimistic approach has created scarcity or ...
Reduce the cost of vegetables and fruits and bring local farmers into the equation over large corporations.
The natural resource that I am writing this paper on is coal. Coal is a cheap, dirty fossil fuel which we burn to create power. Coal is the most abundant in North America and in Russia, including the area around it. China also has a fairly good amount of coal in it too. Coal, like all of the other fossil fuels is nonrenewable and will eventually run out, in the not so near future. Coal is very important to many of the countries of the world. The countries that use the most coal are China, the United States, India, Russia, and Japan. These five countries “account for 76% of total global coal use.” (World Coal Association, 2014).
Current definitions of natural resources generally rely on the argument by Zimmerman (1933), where he stated that “resources are not, they become.” Resources are therefore described as appraisals that are mediated culturally for the physical environment (@@@). These appraisals are shaped by belief systems, political institutions, economic factors, and social attributes. Using this perspective, resource geography aims at explaining how the global economy is differentiated and integrated by these mediations. It also aims at examining the environmental outcomes and the wellbeing
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Pakistan has all the major ingredients necessary to become a developed nation; it has a geo-strategic location, a generous availability of natural resources and a large population in the working age. Despite having the potential to turn itself into a developed country, Pakistan has not been able to fulfill its potential.
Our country has favorable conditions for the development of industrial crops and fruit trees: The climate is humid tropical monsoon with high heat, high humidity. There are many types of soil suitable industrial crops: feralit land in the mountains, alluvial soils of the plains. The labor abundant experience. Processing industry is growing; large market demand. Policies to encourage the development of the state. The development of industrial crops and fruit trees brought many great significance: Supply of raw materials for the processing industry, providing exports. To contribute to job creation, redistribution of labor on a national scale. Promote economic and social development in disadvantaged areas. Speaking of the achievements of agriculture, we will talk to the achievement of food production in our country recently: Rice planted area increased: 5.6 million hectares (1980) to 7.3 million hectares (2005). The crop structure has changed. Productivity increased at 4.9 tonnes / ha / year. Food production in paddy increased: 14.4 million tonnes (1980) to 39.5 million tons, including 36 million tons of rice (2005). Average food at over 470 kg / person / year. Vietnam is one of the leading rice exporter in the world. Acreage and crop production also increased rapidly. The Mekong Delta is the largest food producing countries, accounting
Natural resources do help a particular country to make sure that, it grows at a rapid pace. There is an inverse relationship between natural resources and economic growth in the country. When, natural resources of a particular organization are abundant then, economic growth tends to be lower in comparison to the countries in which, natural resources are much higher. It will definitely be possible for a country to grow properly even without having natural resources. At the present time, there is a high level of globalization in the countries, therefore, the countries which have a lack of any natural resources can export the same from other countries.
Pakistan is facing energy crises due to increase in demand, a poor management and lack of investment in our energy resources. Our energy needs depends upon oil and gas. We have to import about 30% energy in the form of crude oil, coal, LPG etc. [5]