Sunday, 7 July 2013
The Case:
Pakistan is an under developed country and SME’s are playing an important role in uplifting its economy. There are approximately 3.4 million business enterprises in Pakistan. SMEs contribute over 30% to the GDP. Establishing and Promoting of SME’s is the prime concern of Government policy for economic revival, poverty alleviation and employment generation. But alarming point is that it could not grow like Malaysia, Twain, South Korea and other countries. Still, in Pakistan SME’s and entrepreneurs are known as imitating entrepreneurs, heavily depend upon innovative entrepreneurs from developed countries Japan, Germany, China etc. So, for an entrepreneur to start business must have sufficient cash in hand and most importantly business guts and skills.
Point of Discussion
In your opinion, what sort of actions to be taken by the government to promote SME’s in country and what contribution can be added by the private sector to promote the trend of entrepreneurship in country?
