National income of country can be increased by many ways. Natural resources must be properly used and ways should be used to make them use able. We can earn a lot a foreign exchange by selling them in foreign countries. Attention should be given on firms so that they produce good quality products and we can export them in other countries. Government should also given attention on industries should be established. For that purpose government should reduce rules and regulations of establishing firms.
Another way is providing education facilities to the nation so that our country do not have to import the Doctors and Engineers by paying having amount to other countries. We have to pay in foreign exchange and our currency is devalued. So education is one of the ways of increasing national income of a country. Our 70 percent population is depending on agriculture so attention should also be given to this sector. Better technology should be used. Loan should be given to small farmers a well. Roads from Agri to markets should be built so that farmer did not face any difficulty in supplying Agri products to the market. Agriculture products much contribute in earning foreign exchange.
Cash crops are major earnings. Distribution of wealth is not equalizing. It divides the country in two sectors. Distribution of wealth should be equalized so that poor may also show their abilities. New methods technology should be adopted so that we can compete with other countries and national income can be increased. It has positive effects on earnings. Providing capital can also be helpful way it increase production and ways of earning increases and national income can also be increased.
Providing opportunities of foreign investment can also increase national income. Government should pay attention on this. Establishing cottage industries and home industries can also increased income. Exports should be increased which will increase earnings and has direct effect on national income. Financial market should be well established they maintain the financial systems.
These ways can be helpful in increasing in national income of a country. It is our duty to help the Government to achieve our goal. It will not also increases national income but living standard of a country can also be increased.
