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Brain Child of The
President of Pakistan
National Idea Bank is a collaboration to identify and build a repository of innovative ideas for recognition and support. Inaugurated by the President of Pakistan, Dr. Arif Alvi, on February 4, 2021, the National Idea Bank issued its first international call for ideas on September 27, 2021 by Federal Minister for IT and Telecom Syed Ameen Ul Haque.
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Six Sectors
Agriculture | Construction | E-Commerce | Education | Health | Natural Resources
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Agriculture
Agriculture is the backbone of Pakistan’s economy. This sector contributes one quarter of the total GDP to the country. Pakistan has been blessed with the landscapes and natural resources to exploit this sector. A very large portion of Pakistan’s population is associated with agriculture. This includes major industry sectors like textile, fertilizers and others.
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Construction
Pakistan’s construction industry has always been of economic and social significance to the country.However, the share of construction industry in Pakistan’s economy is not as big as we see in other countries, whereas we see a lot of demand for new houses, apartments, and many other related structures in Pakistan.
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E-Commerce
Pakistan’s e-trading mainly involves buying and selling goods and services using internet or telephone, It’s a huge market potential in Pakistan.
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Education
Education lays the foundation for political, social and economic development of any country. A viable education system enables the nation to achieve its national goals. Pakistan as a developing country has faced critical problems of education since its inception and therefore, the system of education has failed to deliver according to the aspirations of the nation.
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Health
Government spends only 2% of its annual budget on health. Only Rs. 25.50 billion rupees have been disbursed for this sector. Government hospitals are scarce and the government has abdicated its responsibility to the private sector.
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Natural Resources
Pakistan is a vast country, blessed with wide range of natural resources that include oil & gas, coal, metals / minerals such as iron, copper, salt, limestone, gold etc., and other resources including fresh water and forests.
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