Liaquat Ali Khan was a close companion of Great Quaid-e-Azam. After partition of sub-continent Liaquat Ali Khan was declared th first Prime minister of new born country Pakistan. He served for a period of four years and two months from 15 Aug 1947 until his tragic death on October 16, 1951.
Here we take a look of his internal policies;
Steps towards economy:
1. Industrial Progress
First Prime minister worked for the establishment odf the industrial zone in Pakistan. Foer this establishment he introduced a new industrial policy in country.
a) Industrial Policy
Liaquat Ali Khan introduced a new industrial policy as under;
i. His message for the nation was “Patronize the Pakistani products”. From the nationalistic point of view, it was indeed a significant slogan because the masses had, at that time, become habitul of foreign products. Chaudhary Nazeer Ahmad himself acted upon his slogan and spread it in every nook and corner of the country.
ii. Attempts were made to promote the cottage industries. Official arrangements were made for the sale and exhibition of the producs of cottage industries.
iii. Seven factories were imported from Japan for the progress of the textile industry. They were set up and organized under official patronage. Later on they were sold out to the people. They include the Military Mills Jehlum and Boreywala Textiles Mills.
iv. The efforts of Malik Ghulam Mohammad and Chadhary Nazeer Ahmad Khan resulted in the establishment of the Pakistan Industrial Corporation (P.I.D.C) in 1950. It was aimed at setting up industries industries under official patronage and then selling them to private sector. It protected the private capital and private investment was encouraged by the absence of fears and apprehensions.
v. During his tour of Australia Chaudhary Nazeer Ahmad realized the importance of research in the field of industry. Consequently the council for Scientific and Industrial Research (C.S.I.R) was set up. In order to elevate the standard of products, research laboratories were set up under the auspices of the Council.
vi. A contract was signed for the exploration of oil. It was signed with the task of exploring oil within an area of 148 square miles in Sui. This exploration later on led to the discovery of Sui Gas.
vii. Licences were issued for the establishment of industries in different areas. People were more inclined to set up industries in Karachi but Chaudhary Nazeer Ahmad issued licenses for starting this industry in Lahore, Lylpur, Jehlum and Rawalpindi. Hyderababd and Sukkur were also made industrial cities and a fertilizer company was also established in at Daudkhl because gypsum was extracted from there.
viii. The Warsak Project was brought under the control of the Central Government. Due attention was paid to the Karnafli project in East Pakistan.
ix. Plans were made to set up a upper mill at Chandrabona. The industries Minister himself visited the site and assessed the project.
x. The problems of labourers were also attended to. Emphsis was made upon the establishment of Warfare colonies and on the setting up of Fair Price shops. IN short cordial relations were made between the Labour and the capital.
xi. Industries minister didn’t like foreign investors, nor did he trust the foreign experts. He made the acquire key posts for the Pakistanis in such firms so that they could improve their working capacity.
Liaquat Ali Khan emphasized on increasing the exports of country. The demands for Pkistani goods were increased tremendously by the Korean War.
Refusal to devalue the Pakistani currency.
In December 1949 Britain sharply reduced the value of pound. All those countries associated to the British pound were forced to devalue their currencies. But Laquat Ali Khan and Fazul Rehman refused to devalue the currency...