Name: Mohsin Arshad

Roll Number: MUST/FA19-BFT-004/AJK

Department: Forestry
Semester: 6th
Assignment Subject: Forest Management and Conservation
Submitted to: Sir Usama Shafique
 Name: Mohsin Arshad
Roll Number: MUST/FA19-BFT-004/AJK
Department: Forestry
Semester: 6th
Assignment Subject: Forest Management and Conservation
Submitted to: Sir Usama Shafique

Topic: Economics Aspects of Obtaining Sustainable yield

Sustained yield management provides economic benefits for all citizens: funding
for vital community services, thousands of family-wage jobs and the ability to
maintain necessary industrial infrastructure. Sustainable forest management
contributes to livelihoods, income generation and employment. The households
rely on for their subsistence, such as firewood, fodder for livestock and timber
for housing. Forests provide a wide range of economic and social benefits to
humankind. These include contributions to the overall economy – for example
through employment, processing and trade of forest products and energy – and
investments in the forest sector. Trees have great economic significance to
humans as a source of food, building materials, and paper. Many trees are also
useful for the wood they produce.
They generate economic value of trees; They generate economic / business
activity; They provide wood for trade/generate revenue; They are major source of
non-wood forest products; They provide several goods which serve as raw
materials for many industries; Forests provide wood, timber, raw materials,
vegetables, and fruits, which have significant economic value. The timber is used
in construction and making furniture. Wood is also essential in the production of
paper. The rubber extracted from trees is used to make several products.
For industrial use, forests provide many raw materials for the industries such as
wood pulp which are used in the production of paper. By printing on paper we can
produce newspapers, magazines and books which help us with an essential means
of communication as well as in education system as learning and teaching
materials. 
Provide building material, through lumbering such as timber, poles and logs which
are the keys forest material which are essential for building houses and
settlement, timber items is made up of wood and touch our lives in more ways
than we can imagine.
Sources of fuels energy, such as such as firewood and charcoal which come from
trees; provide energy, which are very essential to people mostly developing
countries, especially in Africa, some parts of Asia and Latin America.
Source of employment, about 10 million people are employed in forestry or in
forest conservation and management activities mainly in Asia & Africa. This
increase the living standard of the people.

Increase of national income; due to export of timber or forest product to different

countries around the globe hence the country increase its source of income which
enable to run the activities and economic development project.
Development of tourism sector; forest used as recreational agents because different
types of species and wild animal are found within it. This species act as attraction
to tourist to visit and view it.

Forestry impacts other economic sectors. The mangrove forests, for example,
provide most important but unquantifiable benefits, which include protection of the
coast from wind and sea currents, protection of coastal villages against the tidal
action, cyclones, and erosion. They support the breeding of prawns and fish and act
as a natural barrier against ecological and climatic disasters to safeguard the life,
land, and property of coastal people. Conservation of biodiversity, recreation,
ecotourism and camouflaging naval infrastructure are other services being
provided by these forests.
The agricultural and industrial economy of Pakistan entirely depends on the
sustained supply of water from its reservoirs, rivers and also on the efficient
functioning of an extensive canal system. About 21 percent of the area of Pakistan,
comprising mostly arid and semi-arid zones, is under irrigated agriculture. When
the water level recedes in reservoirs, running of mills, tube wells and other
machines is hampered, due to a frequent breakdown in the power supply. Water
yield is not properly regulated from areas devoid of vegetation, resulting in flash
floods followed by drought.