Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

E-commerce to boost economy

byCT Report
21/12/2017
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Ministry of Information Technology and Telecommunication was encouraging future of e-commerce in the country through accelerating growth of the underserved and un-served artisans, sellers, and suppliers to boost country’s economy.

The Universal Service Fund (USF) wants to reach the 20 million artisans in Pakistan who are not digitally enabled by providing them the right tools and giving them the right resources.

You might also like

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

09/06/2026

Through this project artisanal craft will strengthen, ultimately preserving the culture, creating cohesion, digitally enabling the artisans and increasing the GDP of Pakistan and will be important step towards Financial Inclusion.

To boost demand for broadband services and their utility for the economy, the USF Board also approved the implementation of a project for creating an e-commerce portal for the empowerment of artisans across Pakistan.

Minister for Information Technology and Telecommunication Anusha Rehman in a recent meeting said, this project had great significance considering that it is the first ever lot of Federally Administered Tribal Areas; encompassing Khyber Agency, FR Kohat, FR Peshawar, Kohat, Karak and Hangu.

This project benefits an un-served population of about 1.7 million, covering 503 unserved Mauzas and an unserved area of 8,434 sq km at a subsidy value of Rs 1.9 billion, she added.

She said, the initial categories of SMEs and artisans selected for e-commerce include leather, furniture, carpets and apparel.

IT Ministry plan to launch a platform owned by the Government to also enable and promote the cottage industry through e-commerce in Pakistan, although a late entrant to the world of e-commerce. It  has recently recorded a massive rise in online shopping trends and other e-commerce businesses.

Such exponential growth trends over the past few years – with US$30 million being spent on online purchases currently – depict a highly positive picture for the future and the size of Pakistan’s e-commerce market is expected to reach over US$600 million by 2017.

Related Stories

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Nepra cuts electricity price by Rs1.98 per unit under quarterly adjustment

byCT Report
09/06/2026

ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...

Pak-Italy trade witnesses over 18pc surplus in 10 months

byCT Report
08/06/2026

ISLAMABAD, Jun 8 (APP): Pakistan’s goods and services trade with Italy witnessed a surplus of 18.41 percent during the first...

Pakistan cuts petrol price by Rs4 per litre

byCT Report
06/06/2026

ISLAMABAD: Pakistan has announced a reduction in petrol prices in its latest weekly fuel price review, providing some relief to...

Next Post

NAB arrests two officials in Cooperative Housing scam

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.