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Small-scale industry does not require much capital and high technology. I.T is suited to the traditional economic set-up. Cottage and small-scale industries do not use much imported material or equipment. The waste of large-scale industries, particularly the cotton, sugar and steel industries, can be used to make by-products. Home Decoration
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.
AECOM (/ eɪ. iː ˈ k ɒ m /, ay-ee-KOM; formerly AECOM Technology Corporation; stylised AΞCOM) is an American multinational infrastructure consulting firm headquartered in Dallas, Texas. The company's official name from 1990–2015 was AECOM Technology Corporation, and is now AECOM. [ 2 ]
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In the first four years of the twenty-first century, Pakistan's KSE 100 Index was declared the best-performing stock market index in the world by the international magazine "Business Week". [ 47 ] [ citation needed ] The stock market capitalization of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank . [ 48 ]
SMEDA was established in October 1998 for encouraging and facilitating the development and growth of small and medium enterprises in the country. [3] SMEDA is not only an SME policy-advisory body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas.
Small-scale and cottage industries are numerically significant but account for a relatively small proportion of the GDP at about 6 percent. Small-scale industry includes facilities, which employ fewer than 50 workers, and cottage industries (industrial units in which the owner works and is aided by family members but employs no hired labor).
Micro-enterprise programs, therefore, are built around the philosophy that the unique ideas and skills of entrepreneurs and would-be entrepreneurs should be provided business assistance and small amounts of credit to support the development or start-up of a small business, primarily through the U.S. Small Business Administration. Most ...