Impact of Low-Sugar-Cane-Yield on Sugar Industry of Pakistan
IJCRB, April 2013, Vol. 4, No. 12
29 Pages Posted: 21 Sep 2013
Date Written: September 17, 2013
Pakistan, till today no research institution has been established for the development of potential sugar cane yield production and increase in the recovery rate of the crushed cane. As a result, sugar recovery is hardly 9.5 percent as against 12-14 percent in other world sugar producing countries. Farmers are the largest body of the farming sector they are more unproductive due to scarcity of land and capital resources. A major portion of farmer's population directly and indirectly related to the agriculture sector. Agriculture sector is the backbone of Pakistan's economy which contributes more than 22 percent in country's gross domestic product. Major issues pertains to the sugar industries' necessitate spearhead required research and development efforts, so as to meet its raw material requirements. The specifically marketing of the produce, raw material as well as end product, has emerged a key issues need serious attention. The market imperfection must be removed through market efficiency and institutionalization of market intelligence. This research effort will shape the future of farming community, through research and development, cooperation and creating awareness on the financial opportunities as well as modern farming techniques.
Keywords: production cost, macroeconomics, agricultural labour markets, agriculture, economic development, human resource capacity, economic development agricultural finance, rural analysis
JEL Classification: D24, E2, J43, N5, O1, O15, O16, O18, L11, Q14
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