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At partition economy of Pakistan was semiindustrialised one, based heavily on textiles, agriculture and food production. At partition Pakistan had little infrastructure & meager trade industry.
(Source: Zaidi, S. Akbar, Issues in Pakistan Economy, 2nd ed.)
[Creation of Pakistan] was like gold rush of United States [for Muslim businessmen]," G. M. Adamjee Muslim traders supported the idea of Pakistan & financed Muslim League, e.g., Memons, Khwajas, etc
Due to mass emigration of Hindus and Sikhs, who controlled trade & industry, nearly paralyzed the economic & administrative machinery of Pakistan
(Economy of Pakistan 1947-68, (1968). Ministry of Finance, Government of Pakistan, p. 7 & 102)
Migration: Pakistan exported expert & wealthy Hindus & Sikhs to India, and imported rural farmers & craftsmen, mostly
(Butt, M. Shoaib, & Bandar, Jayatilleke S., Trade liberalization and regional disparity in Pakistan, (2009) Taylor & Francis, p. 13)
Lahore: Shah Alam market (); markets surrounding 12 gates Dhaka: Karachi: Empress (condiments, fruit, vegetables and meat to stationary material, textiles and pet shops); Bunder Road Peshawar:
Chittagong
Faisalabad
Trading Items
Production
Units
Clothes
Yarn Cement
35378
0.06 29292
000 yds
000 Metric Ton 000 MT
Tubes
Tobacco Rice
13,000
120 4.2
Nos.
Lakh tons Maund/head in East Pakistan
Source: 'Notes on Eastern Pakistan' by Hamidul Haq Chowdhry, in F.722,9-14, QAP & Economy of Pakistan 1947-68, (1968). Ministry of Finance, Government of Pakistan