Steel Mills & Other Industrial Sector Development

Industrial development is as much necessary as agriculture development for any country. Any country can be advanced and prosperous only if it industrialise well like other advanced countries like China, Japan, and South Korea. Industrial development is necessary for many reasons. Industries provide employment to the many people. Most of the unemployed people can get jobs in newly opened factories and manufacturing centres as labourers, technicians and workers of different categories. Further as we mechanise our farms the idle agricultural labourers and farmers will be able to get work regularly in industrial establishments in villages or cities. We can modernise our agriculture well only if we have well established industries. We need harvesters, tractors, threshers, bulldozers, tube well engines and so on to mechanise our farming. Then we need spare parts for these machines to run them properly.

We need a great many factories producing all these machines and their spares. We need more factories producing fertilisers. With more industrialisation, more and more people get employed in factories at proper wages and salaries. The general standards of living rise as people buy and use different kinds of mass produced goods like transistors, television, radio and electric fans, fine cloth and so on.
Industries promote trade and commerce and traders, shopkeepers, dealers and labourers bring goods from factories to wholesale or shops. Banks also do a lot of business by keeping the money of industrialists and traders and by giving them loans. There is greater circulation of money and the economy expands. Industries promote foreign trade this will help to increase industrial development. Now we export big quantities of industrial products for example we export woollen cloth, cotton, cement, cigarettes, medicines, sports goods,  shoes, surgical instruments and so on produced in our factories. We can manufacture motorcycles, scooters, cars, tractors, refrigerators, air conditioners etc. for use defence. As soon as possible,we should begin producing military trucks, submarines, warplanes and so on. For this we shall have to develop the iron and steel industry on the most modern lines.

We should think seriously about the ways of becoming an industrial power and we should promote scientific education and research in a complete way. We need them to help industrial experts to set up and run different industries. We need good scientists or men of science to invent new machines and industrial processes. We should establish small scale cottage industries in our villages. Heavy and medium scale industries can be set up at the seaports, in the cities and industrial centres. The setting up of the Karachi steel mills and the taxila heavy industries complex should be the beginning of the complex but necessary process of industrialisation. Rapid and complete industrialisation will remove the dark clouds of poverty surrounding us. It will bring us power and glory n makes nation strong.

Rising Prices Of Electronics And Food Inflation In World

Inflation problem is there when the supply of money is more higher than the supply of goods. It means that increase in money and price which does not result in increased production of goods. There are many reasons of rising prices. Firstly, when people start using diffetent things more their prices rise. Prices of different things rise if there supply becomes less for the reason of strikes, factories closure, rainfall absence, floods and so on. Another cause of rising prices is the rise in the standards of living of people. When people start living a better life with an increase in their earning they need more shoes, clothes, food and other daily use things.
They want to buy more expensive things for their comfort and enjoyment like heaters, electric fans, airconditions, and LCDs and so on.

Education becomes more common in people and they began reading more newspapers, books and magazines. When production increase the cost of production aslo rise because of more labourers and workers and more price of raw materials and so on. The government will surely forced to print more currency notes and increase the supply of money in society. Then it can pay more salaries and wages to their workers. But if there is no increase in the production of goods as much as its requries than prices suddenly jump. A country may import more raw material for its factories. Country may import more machines and tools and food items. The prices of these may be high in world market. Then tha country should be importe them on high price.

Infact all countries should take serious and joint steps to overcome on this inflation. Other world agencies should try to solve disputed between countries. There should be peace atmosphere everywhere. Countries and nations will work together and keep prices at a proper level. They will stop wasting there resources on wars. The world population increacing should be checked. It is difficult to increase the production of goods as fast as the population is rising. It is very important to study all causes of inflation and then these causes must be eliminated.