Livestock sector contributes 14 % in GDP.

MULTAN -- Livestock sector of Punjab has done remarkably well during last fiscal year with 14 percent contribution to the gross domestic product (GDP).

Deputy Director Livestock Department Dr Jamshaid Akhtar talking to reporter stated recent economic survey and shared the satisfactory performance of the livestock sector. Livestock was contributing to approximately 61.9 percent of agriculture value added and 14 percent to the GDP.

Animal husbandry was the most significant economic activity of the dweller of rural areas of Pakistan. More than 8 million rural families were engaged in the livestock production and were deriving around 40 percent of their income from the sector, said Dr Jamshaid while quoting the economic survey. Gross value addition of livestock had increased from Rs 5,269 billion (2020-21) to Rs 5,441 (2021-22).

Dr Jamshaid said that the sector should be focused further for economic growth, food security and poverty alleviation as it had immense potential.

He, however, hinted that...