ENTREPRENEURSHIP AND SKILLS DEVELOPMENT FOR SOCIOECONOMIC GROWTH; PRESENT LANDSCAPE AND FUTURE AGENDA FOR PAKISTAN

Due to emergence of globalization and economic liberalization, skills and human capital development have become imperative factors for socioeconomic growth for any nation. The primary purpose of this paper is to give an insight into current landscape of Pakistan with special focus on skills development, human capital development and entrepreneurship to propose a future agenda for policy makers. Current socioeconomic and governance indicators are presenting a gloomy picture and it seems to have an adverse impact on the economic development of Pakistan. Important statistics on related issues are also presented to recognize the problems. Recommendation has been made for policy makers and government to eradicate these issues and put Pakistan on the path of economic development and social prosperity. The study concludes that skilled human resource can contribute towards economic and social wellbeing of Pakistan and enable it to proactively adjust, adopt and respond to present day challenges.