Published - Sat, 03 Sep 2022
Grappling with the financial constraints of untapped communities remains a bottleneck for the betterment of society as a whole. A nation cannot reach its development trajectories unless all communities participate in Economic activities.
Many regions around the globe suffer a backlash of opportunities due to inadequate infrastructure, a lack of modern resources, geographical isolation, and harsh terrain. These regions are prone to natural disasters and insufficient connections with developed areas. While talking about untapped areas, Gilgit-Baltistan, the northern region on the Karakoram Highway of Pakistan, is one of the abundant resource regions that have inadequate availability of modern facilities with high potential social capital.
The optimistic youth of GB, with immense potential to eradicate their marginalized Finacial constraints, is still looking for sustainable opportunities. Higher education and a rich literacy rate make youth a potential human resource. However, they look for oppurtunities in developed parts of the country, especially in the nearby developed areas such as Peshwar and Islamabad. This could help them to earn a living but not as efficiently as it could be if they get the opportunity in their native areas. The other aspect also indicates the less use of the potential of abundant resources such as jewelry stones, fruits, nuts crops, cultural outfits, and highly demanded livestock commodities.
It indicates that if these abundant resources would give a better marketplace, this could bring millions of dollars in earning oppurtunities. But the question here is how to make such marketplaces in these untapped areas. The answer could be found in digital markets (the E-commerce industry) that can provide solutions to these problems. Firstly, the local products could be offered for sale in the international market without any large investment and international tariffs. Secondly, the Local community can earn sustained earning opportunities.
Now the problem here is how these emerging skills can be provided to the people of Gilgit-Baltistan on a large scale. For this, E-commerce Pro (Leading E-learning Platform, Offering Professional E-commerce Skills) with the collaboration of Volunteer Force Pakistan (Largest Network of Volunteers in Pakistan) would launch the skill development program for the people of Gilgit Baltistan in their ongoing series of conferences (GBYLC- Gilgit-Baltistan Youth Leaders Conference- held on 4 and 5 of September 2022). This endeavor would bring economic prosperity through the provisions of E-commerce learning opportunities.
The skill development program would attribute to the rhetoric development of resilient youth by professional Ecommece skills. This program would provide an opportunity for 2000 people in GB to learn professional E-commerce skills. Free signups for the courses (created by international Ecommece industry experts) will be provided to potential candidates.
This project would cost $100,000 (Approximately PKR21,500,000). Furthermore, A large-scale monitoring mechanism would also be adopted to invigilate the process of learning E-commerce for professional conduct in the Internation E-commerce market. The monitoring committee would be constituted of E-commerce industry experts and human resource management (HRM) experts. It is estimated that these 2000 candidates would potentially transform the economy of GB into a digital economy. It is also forecasted with help of a pilot survey and Intra-Organization analysis, both by E-commerce Pro and VFP that approximately 30 million annually would be added to the economy of GB with a growth ratio of 25% annually if only 30% of the candidates professionally start their E-commerce career after this program. It is also analyzed that with the same ratio, approximately 65 start-ups would be projected that will give employment opportunities to around 1.600 people annually.
While remaining on the same ratio for the next 5 years, 481250 million rupees would be added to GB’s economy, 8000 employment opportunities, and 300+ startups would also be projected. It is concluded that if such initiatives would be taken on a larger scale with the collaboration of the government of Pakistan (GoP) local government of GB (GoGB) and Civil society organizations (CSOs). There would be likely chances of a resilient development of Gilgit-Baltistan. It also concluded that Such programs are needed in other untapped regions around the globe, hence this could increase the possibility of community uplift and financial freedom in remote areas.
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