October 25
AN important factor to increase export volume is involved in the functions for the development of the State economy, based on three Ms—material, money and manpower. It is necessary to seek the best way to effectively utilize them to improve the State economy as well as accumulate the necessary capital.
As a cliché method, raw materials from the agricultural and livestock farms at home as well as raw natural resources are collected for exportation. As such, incomes from the export of raw materials could not be compared with that of exporting the finished goods. Only when the country exports advanced finished goods and value-added products, incomes from exportation will greatly benefit the State.
As the economic development of the State is interrelated with the progress of regions and states, the government is encouraging region and state authorities to make efforts for boosting the production of agriculture and livestock farms and improve operations of micro, small and medium-scale enterprises.
Business is based on manufacturing and trading. Boosting production will reflect economic growth. Hence, the government encourages businesses to operate with increased production. If trading does not have a good balance between demand and supply, the prices of goods will be high. Operating the manufacturing with the use of domestic raw materials will help the firm develop the economy of the relevant regions and the State. Only when the production of raw can be firmed, the manufacturing of finished goods will be in progress with the firm market.
Values of agricultural and livestock products are so different from the finished goods. Only when MSME businesses based on raw materials produced in relevant regions can be firmly established, the agriculture, livestock and MSMEs will develop together relying on each other. The export of finished goods can generate jobs for local people as part of contributing to their livelihoods.
Currently, the Head of State as well as Union ministers make field trips to regions and states for encouraging the improvement of manufacturing products while attending to the needs. As such, businesspersons in regions and states should make utmost efforts for boosting the production of their businesses which will help develop relevant areas and enhance the living standard of the people.
That is why manufacturers and agricultural and livestock farmers need to accept the concept to ensure keenness for improvement of their own businesses, understand the best way for work process, sustain the self-reliant basis with the firm trust and emphasize the practical efforts for benefiting relevant regions and the State. GNLM
