Livestockcontributes 11.6 percent to GDP | Pakistan Today

Livestockcontributes 11.6 percent to GDP

Livestock sector has contributed approximately 55.1 per cent to the agriculture value added and 11.6 per cent to national Gross Domestic Product (GDP) during the 2010-12 against 54.6 per cent during the same period last year. According to the Economic Survey report 2011-12, the livestock sector occupies a unique position in the National Agenda of economic development of the present government. The sector provides a net source of foreign earnings while livestock is considered a more secure source of income for the small farmers and landless poor, besides employment generation at the rural level. The gross value added of the livestock sector at constant factor cost has increased from Rs.672 billion (2010-11) to Rs. 700 billion (2011-12) showing an increase of 4.0 percent as compared to previous year.

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