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ICCI for enhancing education budget to promote knowledge economy

by News Desk
January 26, 2024
in Business
ICCI for enhancing education budget to promote knowledge economy

Islamabad: Pakistan’s youth, according to President of the Islamabad Chamber of Commerce and Industry Ahsan Zafar Bakhtawari, are the country’s future. Millions of children are denied an education since less than 2% of the GDP is set aside for this purpose. He emphasized that in order for Pakistan’s educated youth to actively contribute to the country’s economic growth and advance the knowledge economy, the government must significantly boost funding for education. He added that children who are not in school should receive their education in mosques. According to him, there are almost 26 million children in Pakistan who are not attending school, and the government needs to make every effort to get them there.

 He declared that the business community is prepared to work with the government to address the deplorable state of education. During an event held at the Islamabad Chamber of Commerce and Industry to commemorate the International Day of Education, he made these remarks.

Pakistan cannot advance without educating its youth, according to Prof. Dr. Muhammad Saleem Mazhar, Director General of the National Language Promotion Department and a former vice chancellor of Punjab University. According to him, Pakistani universities are working hard to educate students despite having less funding. He emphasized the importance of concentrating on Urdu instruction as it is our mother tongue. He argued that we should support poetry, music, painting, literature, and the arts in order to create a more accepting country.

According to Imtiaz Haider, Director General of Hamdard University, prejudice, bigotry, inequality, and other undesirable aspects of society can be eliminated through better education for youngsters. He emphasized the need for strong industry-academia ties to boost the economy.

Vice President of ICCI, Engr. Azhar ul Islam Zafar, stated that Pakistan’s literacy rate has to rise. He advocated raising the education expenditure to a minimum of 10% of GDP. He advocated for collaboration between the public and private sectors in the advancement of education.

Zafar Bakhtawari, the former secretary general of UBG Pakistan and president of the ICCI, emphasized the need of giving children’s education and training more priority. According to him, the government had to develop a backup plan for bringing students who are not in school back to class. He suggested that the ICCI be given control of an Islamabad model school, with the business community paying for it and helping to operate the institution more effectively. All academic institutions should begin offering evening and double shift classes. According to him, promoting the businessman as a role model among the younger generation will encourage youth entrepreneurship and contribute to the economy’s improved growth.

Adnan Mukhtar, Ms. Fatima Hassan, and Ms. Afraz Sial also discussed.

Tags: Ahsan Zafar BakhtawariEducation BudgetEngr. Azhar ul Islam ZafarICCIImtiaz HaiderInternational Day of EducationIslamabad Chamber of Commerce and IndustryKnowledge EconomyProf. Dr. Muhammad Saleem MazharUBG PakistanYouth Education
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    Iqra Aziz

    Iqra Aziz steals spotlight in no-makeup look

    Deepika Padukone and Ranveer Singh welcome baby girl

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