He also laid out some possible solutions to boost the agricultural sector through innovative farming techniques, mechanization and deployment of modern technologies.
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Ghias also highlighted a recent collaboration between Engro, along with other partners, and Punjab Skills Development Fund for a WEF initiative - National Accelerator on Closing the Skills Gap in Pakistan: ‘Parwaaz’.
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Parwaaz promises to enhance the country's food security by developing a future-ready agricultural workforce, strengthening value chains and creating employment opportunities in the sector.
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"In Pakistan, about 40% of our people are involved in the agriculture sector. Unfortunately, in Pakistan, more than 20% of the people are undernourished." -Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"The number is even worse when it comes to children as over 45% are facing stunted growth."-Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"If we look at the overall productivity in agricultural sector, our crop yields are roughly 25-60% lower than some of the other developed countries."-Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"Essentially, there are 3 problems that we’ve identified 1) Sub-optimal resource utilization that is mainly because of poor skillsets 2) Absence of farm mechanization and 3) Slow adoption of modern technologies." -Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"Unfortunately, our R&D spend is extremely low at 0.2% of GDP and there is tremendous lack of financial inclusion when it comes to access to credit, particularly for our smaller farmers." -Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"Hence, we've identified 3 solutions to overcome these challenges 1) Using innovative farming techniques 2) higher level of mechanization and farm operations, and 3) use of modern technologies."-Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"I must thank the World Economic Forum over here for its partnership with the Punjab Skills Development Fund."-Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
Sep 23, 2021 · 1:22 PM UTC
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"Through which we've been able to setup a Skills Accelerator Program, comprising of business leaders from different sectors."-Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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"As Engro, we are focused mostly towards agriculture in which we have identified 24 roles which are now going to focus on skills that will be required for the future."-Ghias Khan, President & CEO, Engro Corp, at the SDIS 2021 session
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