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SMEDA
Small and Medium Enterprises Development Authority (SMEDA; ) is an autonomous institution of the Government of Pakistan under Ministry of Industries and Production. SMEDA was established in October 1998 for encouraging and facilitating the development and growth of small and medium enterprises in the country. 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. Its main objective is to formulate Policy to encourage the growth of SMEs in the country and to advise the Government on fiscal and monetary issues related to SMEs. Challenges Faced by SMEs in Pakistan * SMEs struggle to secure loans due to stringent banking requirements and lack of collateral. * Insufficient industrial zones, unreliable energy supplies, and poor logistics hinder growth. * Many SMEs rely on outdated technology, reducing productivity and global competitiveness. * A shortage of technical expertise li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Industries And Production (Pakistan)
The Ministry of Industries and Production () is headed by the Minister for Industries and Production (Pakistan), Minister for Industries and Production and Pakistan Secretary of Industries and Production. National Fertilizer Corporation of Pakistan National Fertilizer Corporation of Pakistan (NFC) was established in August 1973. National Fertilizer Corporation (known as NFC) is a Pakistani government owned corporation based in Lahore. It is under the administrative control of the Ministry of Industries and Production (Pakistan).[1][2][3] Pakistan Industrial Development Corporation Pakistan Industrial Development Corporation (PIDC) is a state corporation of Pakistan under Ministry of Industries and Production. It was created to set up industries in Pakistan in such fields where the private sector was shy and where large amount of capital outlay with long gestation period was required. Subsidiary Companies * National Industrial Parks Development and Management Company * Technology ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Industrial Development Corporation
Pakistan Industrial Development Corporation (PIDC) () is a state corporation of Pakistan working under Ministry of Industries and Production (Pakistan), Ministry of Industries and Production. History Pakistan Industrial Development Corporation (PIDC) was founded as a state corporation under Pakistan's Ministry of Industries and Production in April 1951. It began operations in 1952. The PIDC board of directors included members of industrial families such as Naseer A. Sheikh of the Colony Group, Adamjee Group, and Syed Amjad Ali of the Packages Limited, Wazir Ali Group. Its constitution articulated a primary objective of promoting industry rather than state ownership, with a policy to engage private capital and gradually transition its share capital to private investors. Ayub Khan, Muhammad Ayub Khan invigorated PIDC which initiated new industries using government capital and sold them to private businessmen once they became profitable. Its strategic disinvestment policies signif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Gems And Jewellery Development Company
Pakistan Gems and Jewellery Development Company (PGJDC) () is a state-owned subsidiary of Pakistan Industrial Development Corporation and is based in Karachi, Pakistan. Company performance In October 2007, this government-owned company announced plans for development of a 10.8-acre manufacturing complex for gems and jewellery manufacturers in Korangi Creek Industrial Park area of Karachi. This modern industrial park would have gems labs, training centers, processing units and jewellery manufacturing units located in it.Gems, jewellery cluster planned The News International (newspaper), Published 28 October 2007, Retrieved 8 December 2017 In March 2010, Pakistan Gems and Jewellery Development Company organized two training courses to train workers in |
Small And Medium Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs outnumber large companies by a wide margin and also employ many more people. On a global scale, SMEs make up 90% of all companies and more than 50% of all employment. For example, in the EU, 99% of all businesses are SMEs. Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees acco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Development Authority Of Pakistan
The Trade Development Authority of Pakistan (TDAP) (), is an organisation under the Ministry of Commerce of the Government of Pakistan. It facilitates and promotes international trade of Pakistan. The current Chief Executive of TDAP is Mr. Faiz Ahmad, a BPS-22 officer from Civil Services of Pakistan. Background The department was established on 8 November 2006 under a Presidential Ordinance, as a successor organization to the ''Export Promotion Bureau'', which was established in 1963. The TDAP is mandated to have a larger view of global trade development, rather than only the export promotion - together with its 14 regional offices, the department performs facilitation and regulatory functions as well as providing supply side and marketing assistance to exporters. It arranges ''awareness seminars and workshops'' to educate the Pakistani business community about the latest conditions and trends in the global markets. Exports and trade shows In 2011, Pakistan's exports of stones ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pakistan Federal Departments And Agencies
Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre. Pakistan is the 33rd-largest country by area. Bounded by the Arabian Sea on the south, the Gulf of Oman on the southwest, and the Sir Creek on the southeast, it shares land borders with India to the east; Afghanistan to the west; Iran to the southwest; and China to the northeast. It shares a maritime border with Oman in the Gulf of Oman, and is separated from Tajikistan in the northwest by Afghanistan's narrow Wakhan Corridor. Pakistan is the site of several ancient cultures, including the 8,500-year-old Neolithic site of Mehrgarh in Balochistan, the Indus Valley Civilisation of the Bronze Age, and the ancient Gandhara civilisation. The regions that compose the mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1998 Establishments In Pakistan
1998 was designated as the ''International Year of the Ocean''. Events January * January 6 – The ''Lunar Prospector'' spacecraft is launched into orbit around the Moon, and later finds evidence for frozen water, in soil in permanently shadowed craters near the Moon's poles. * January 11 – Over 100 people are killed in the Sidi-Hamed massacre in Algeria. * January 12 – Nineteen European nations agree to forbid human cloning. * January 17 – The ''Drudge Report'' breaks the story about U.S. President Bill Clinton's alleged affair with Monica Lewinsky, which will lead to the House of Representatives' impeachment of him. February * February 3 – Cavalese cable car disaster: A United States military pilot causes the deaths of 20 people near Trento, Italy, when his low-flying EA-6B Prowler severs the cable of a cable-car. * February 4 – The 5.9 Afghanistan earthquake shakes the Takhar Province with a maximum Mercalli intensity of VII (''Very strong''). With up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Established In 1998
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organizations Related To Small And Medium-sized Enterprises
An organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-organiza ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Incubators Of Pakistan
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from sole proprietors and partnerships. Corporations are separate and unique legal entities from their shareholders; as such they provide limited liability for their owners and members. Corporat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
