Question

Pelan Jana Semula Ekonomi Negara (PENJANA) has laid out 3 main pillars, (1) Empowering People, (2) Enhancing Business and (3) Economic Stimulation. Why are these three main pillars important for our country’s development? Explain your answers specifically.

Answer 1

: PENJANA has laid down three main pillars.

Empowering people

Enhancing business

Economic stimulation

1.Empowering people means to increase the education, health and the quality of Living.

Empowering people is very essential for the development of a nation because human resource is the main source of the development of the sectors of the country because when people are educated then only it is possible to enhance the skills and to increase the productivity and effectiveness in various sectors empowering people are the main resource of any country, therefore, it is very important to provide efficient knowledge and effective skills to create a strong Nation.

2. Enhancing business means to expand the business Wings in all the upcoming and creative sectors of the economy because it is not an only way where the business can expand and exist to cover the sure of the market.

Enhancing business means to self Reliance on the productive activities of the country and therefore it is important to create a structure where all the business activities are assembled and organised to enhance the productivity in the country.

3. Economic stimulation is a situation where all the economic factors are organised in such a way so that they work according to the economic policies of the country.

The economic stimulation is a policy where everything is organised in such a manner which can provide a strong economic base of the country which is very important for providing employment opportunities in the country and to enhance the skills of the human resource and you create a structure where there is less poverty and high growth of all the sectors are existing.