Last update: Fri, 26 Aug 2016 11am

Agriculture and Allied: Pakistan


Chairman of Federation of Pakistan Chambers of Commerce and Industry (FPCCI)'s regional standing committee Ahmad Jawad said that the country urgently needed post-harvest technology for its agriculture sector because adequate application of recommended post-harvest treatments not only minimise post-harvest losses but also maximise producer profits.
Keeping the adjudication pending over an appeal filed against Wapda decision of ousting China's M/s Power Construction Corporation from awarding contract of construction of civil works of Stage-I of the Dasu Dam project on Thursday, the Supreme Court provided an opportunity to the appellant to approach the World Bank for disposal of the matter.
Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has lambasted the Sindh government for announcing tractor scheme again and termed it 'controversial'. According to the chairman Mumshad Ali, the scheme, which was announced by the provincial government a week ago, had earlier been declared suspicious by the National Accountability Bureau (NAB) Sindh for the reasons of non-transparency, non-existence of merit and favouritism to one manufacturer.
Finance Minister, Senator Ishaq Dar has ordered an inquiry against those who imported urea in huge quantities creating a glut of this commodity across the country soon after its import, sources close to Secretary Industries told Business Recorder. The decision was taken at a recent meeting of Economic Co-ordination Committee (ECC) presided over by the Finance Minister. Given the background, the sources said, the ECC on January 16, 2014 decided to equate the price of imported urea fertiliser with the price of domestically purchased urea, ie, Rs 1,786 per 50 kg bag.
President Mamnoon Hussain on Thursday emphasised the importance of research and development for introducing higher yielding and better quality rice seeds in order to increase rice production and exports. He was talking to a delegation of Rice Exporters Association of Pakistan (REAP), headed by its Chairman Muhammad Shafique which called on him here at the Aiwan-e-Sadr.
On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,871 million and the number of lots traded was 12,676. PMEX Commodity Index closed at 3,006. Major business was contributed by gold amounting to PKR 1,515 million followed by currencies through COTS PKR 1,317 million, crude oil PKR 923.38 million, silver PKR 113.53 million and cotton PKR 1.42 million.
Punjab Chief Minister Muhammad Shahbaz Sharif presided over the first meeting of Punjab Agriculture Commission, here Wednesday which reviewed the pace of implementation of Kissan package and the steps for the welfare of farmers. Speaking on the occasion, the Chief Minister said that he had promised to establish agriculture commission for the farmers which has been fulfilled like other promises and Punjab Agriculture Commission has been constituted by the government for the uplift of agriculture sector, prosperity of farmers and evolving of agriculture policy.