Incentives for industry to boost economy bearing fruits
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Pakistan also experienced this dilemma when during previous regimes the industrial sector
ISLAMABAD (Dunya News) – In the modern world, industry in any country provides a foundation for economic growth and well being of people. The states and the government always desire vibrant industry to avoid recessions and stand firm even during odd times.
For, this goal they put in all out efforts that not only boost their exports but also save from unnecessarily borrowing.
But slumps, corruption, nepotism and ad-hocism often jeopardize this growth and this happens very often in the developing states where the ruling elites ruin national infrastructure for their personal gains.