Importance of Education :-Today all the economists in the world have admitted this fact that expenditure on education is productive. If a country has trained manpower it makes the economic activities productive.If the manpower is uneducated and unskilled then per capita output will be low. It leads to low income low investment and low rate of development.
Keeping in view the importance of education Government of Pakistan has allocated Rs. 2.1 billion in the 7th five year plan. In the 8th five year plan there was record increase in the education sector. Present Government is also paying special attention to this sector. In order to improve the skilled manpower various programs have been introduced :
1. Government has increased the commercial training institute and commercial colleges in the public and private sector to provide technical education to the people.
2. Vocational institutions have been increased for male and female students.
3. "Naiy Roshni" Scheme had been introduced to increase the rate of literacy but it fails.
4. Federal programme for skill development has been introduced.
5. Allama Iqbal Open University has been introduced.
6. Rural training and instructor training facilities have been provided by the government. No doubt the rate of education has increased to 36.7% but still there is a need of further improvement.
7. Special allowances is given to PH.D. degree holders.
Anyhow today nobody can ignore the role of education in the economic development. Anyhow we can say that educated and skilled manpower is an asset for the nation. Present govt. is paying social attention to education. Now primary education is free in the country.
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