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Economy Of Azad Kashmir
The economy of Kashmir is largely a developing one. The per capita income and provincial GDP estimates of Azad Kashmir are comparatively underrated when compared with development in other regions of the country, although Azad Kashmir notably has a literacy rate that is substantially above the national average.Kashmir: The Economics of Peace Building'' Azad Kashmir's economy is heavily dependent on agriculture, but also relies on remittances sent each year by the members of the large Kashmiri diaspora. The Kashmiri diaspora in the United Kingdom have contributed greatly to the development of Azad Kashmir through their in-flow of remittances. In the southern districts, many men have been recruited into the Pakistani Armed Forces. Other locals travel to countries in Europe or the Middle East where they work in labour-oriented jobs. The local tourism industry has potential although it is underdeveloped. Challenges faced by Azad Kashmir's economy include the devastating 2005 Kashmir ear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Per Capita Income
Per capita income (PCI) or average income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. In many countries, per capita income is determined using regular population surveys, such as the American Community Survey. This allows the calculation of per capita income for both the country as a whole and specific regions or demographic groups. However, comparing per capita income across different countries is often difficult, since methodologies, definitions and data quality can vary greatly. Since the 1990s, the OECD has conducted regular surveys among its 38 member countries using a standardized methodology and set of questions. Per capita income is often used to measure a sector's average income and compare the wealth of different populations. Per capita income is also often used to measure a country's standard of living. When used to compare income levels of different countries, it is usually expressed using a commonly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Pakistani Provinces By Gross Domestic Product
This is a list of Pakistani administrative units by their gross state product (GSP) (the value of the total economy, and goods and services produced in the respective administrative unit) in nominal terms. GSP is the unit-level counterpart of the national gross domestic product (GDP), the most comprehensive measure of a country's economic activity. Dynamics Pakistan, in 2022, had a GDP (nominal) of around US$377 billion and GDP (purchasing power parity) of around Int$1.512 trillion, according to trading economics. This value can be further divided into the unit levels (GSP), providing an outlook of how much value each unit contributes to the national GDP. Pakistan has traditionally followed a "top-down" approach in its analysis of economic development; that is, authorities have scarcely attempted to break up national GDP statistics into provincial and subnational units and have focused more on the federation as a whole. Thus, many accounts of provincial GDPs that do exist have usu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Azad Kashmir
Azad Jammu and Kashmir (), abbreviated as AJK and colloquially referred to as simply Azad Kashmir ( ), is a region administered by Pakistan as a nominally self-governing entitySee: * * * and constituting the western portion of the larger Kashmir region, which has been the subject of a dispute between India and Pakistan since 1947.The application of the term "administered" to the various regions of Kashmir and a mention of the Kashmir dispute is supported by the tertiary sources (a) through (e), reflecting due weight in the coverage. Although "controlled" and "held" are also applied neutrally to the names of the disputants or to the regions administered by them, as evidenced in sources (h) through (i) below, "held" is also considered politicized usage, as is the term "occupied" (see (j) below). On its eastern side, Azad Kashmir is separated from the Indian–administered territory of Jammu and Kashmir by the Line of Control (LoC), which serves as the '' de facto'' bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In Pakistan
Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are the most grown. Mango orchards are mostly found in Sindh and Punjab provinces, making it the world's fourth largest producer of mangoes. People rely on diesel to fuel their tractors, and consequently, an increase in diesel prices will further exacerbate their hardships. Climate change has begun to exert considerable pressure on Pakistan’s agricultural sector, with rising temperatures, water shortages, and unpredictable weather patterns affecting both crop quality and yield. In response, the country has seen the emergence of agritech initiatives promoting modern farming practices such as precision agriculture, solar-powered irrigation, and mobi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remittances
A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Remittance is more than three times as large as the total global foreign aid. In 2021, $780 billion was sent to 800 million people, while foreign aid totalled $200 billion. Most remittance flows from high-income countries to lower-income countries. Workers' remittances are a significant part of international capital flows, especially with regard to labor-exporting countries. A substantial share of remittance ends up in the hands of banks and money-transfer companies due to fees imposed on money transfers. Governments can play a vital role in enabling migrants to support their families more effectively by implementing measures that help reduce transa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kashmiri Diaspora
The Kashmiri diaspora refers to Kashmiris who have migrated out of the larger Kashmir region into other areas and countries, and their descendants. India Punjab Estimated, 1,000-1,200 Kashmiri Hindus live in Pathankot, Gurdaspur and the Cities of Doaba region and Punjab. Gujarat 10,000 Kashmiri Hindus live in Gujarat. They settled here after the 1990 exodus. Himachal Pradesh The state of Himachal Pradesh in India has the second-largest Kashmiri language speakers after Kashmir Valley and adjoining areas. Kashmiri Pandits migrated to this region over centuries and including from 1947–48 to 1989–91. Large number of Kashmiri Pandits also came here after the eruption of militancy in the valley. Pakistan Punjab Heavy taxes under the Sikh rule, coupled with famine and starvation, caused many Kashmiri Muslim villagers to migrate to the plains of Punjab. These claims, made in Kashmiri histories, were corroborated by European travelers. When one such European traveler, M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistani Armed Forces
The Pakistan Armed Forces (; ) are the military forces of Pakistan. It is the world's sixth-largest military measured by active military personnel and consists of three uniformed services—the Army, Navy, and the Air Force, which are backed by several paramilitary forces such as the National Guard and the Civil Armed Forces. A critical component to the armed forces' structure is the Strategic Plans Division Force, which is responsible for the maintenance and safeguarding of Pakistan's tactical and strategic nuclear weapons stockpile and assets. The president of Pakistan is the commander-in-chief of the Pakistan Armed Forces and the chain of command is organized under the Chairman of the Joint Chiefs of Staff Committee (JCSC) alongside the respective chiefs of staff of the Army, Navy, and Air Force. All branches are systemically coordinated during joint operations and missions under the Joint Staff Headquarters (JSHQ). Since the 1963 Sino-Pakistan Agreement, the P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2005 Kashmir Earthquake
An earthquake occurred at on 8 October 2005 in Azad Jammu and Kashmir, a territory under Pakistan. Its epicenter was 19 km northeast of the city of Muzaffarabad, and 90 km north north-east of Islamabad, the capital city of Pakistan, and also affected nearby Balakot in Khyber Pakhtunkhwa and some areas of Jammu and Kashmir (state), Jammu and Kashmir, India. It registered a moment magnitude scale, moment magnitude of 7.6 on the Richter scale and had a maximum Modified Mercalli intensity scale, Mercalli intensity of XI (''Extreme''). The earthquake was also felt in Afghanistan, Tajikistan, India and the Xinjiang region. The severity of the damage caused by the earthquake is attributed to severe upthrust. Although not the largest earthquake to hit this region in terms of magnitude it is considered the deadliest, surpassing the 1935 Quetta earthquake. It was the 5th deadliest natural disaster of the decade. Sources indicate that the official death toll in this quake in Paki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Azad Kashmir
The economy of Kashmir is largely a developing one. The per capita income and provincial GDP estimates of Azad Kashmir are comparatively underrated when compared with development in other regions of the country, although Azad Kashmir notably has a literacy rate that is substantially above the national average.Kashmir: The Economics of Peace Building'' Azad Kashmir's economy is heavily dependent on agriculture, but also relies on remittances sent each year by the members of the large Kashmiri diaspora. The Kashmiri diaspora in the United Kingdom have contributed greatly to the development of Azad Kashmir through their in-flow of remittances. In the southern districts, many men have been recruited into the Pakistani Armed Forces. Other locals travel to countries in Europe or the Middle East where they work in labour-oriented jobs. The local tourism industry has potential although it is underdeveloped. Challenges faced by Azad Kashmir's economy include the devastating 2005 Kashmir ear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
