Dynamics of Wheat Market Integration in Northern Punjab, Pakistan

Muhammad Sarwar Zahid, Abdul Qayyum, Wasim Shahid Malik

Abstract


The economy of Pakistan is largely dependent on the
agriculture sector which contributes about 21 percent to the GDP and
employs about 43.4 percent of the labour force. Agriculture and
agro-based industrial products contribute about three fourth of the
total foreign exchange earnings from export [Pakistan (2007)]. About 66
percent of the population lives in rural areas of Pakistan and directly
or indirectly depends on agriculture for its livelihood. The welfare and
participation of the rural population in the economy is therefore,
central to the country’s progress. Despite the importance of
agricultural sector in the national economy, there is a wide gap between
food supply and demand due to low performance of agriculture [FAO
(2000)]. The country is not producing enough commodities like wheat,
rice and edible oil etc. to meet even the basic food needs of the
population and as a consequence poverty is on the rise, particularly in
the rural areas. In order to reduce poverty, agriculture has to grow
faster and at a sustainable basis.

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DOI: https://doi.org/10.30541/v46i4IIpp.817-830

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