AIRLINK 75.01 Increased By ▲ 0.16 (0.21%)
BOP 5.04 Increased By ▲ 0.06 (1.2%)
CNERGY 4.49 No Change ▼ 0.00 (0%)
DFML 41.90 Increased By ▲ 1.90 (4.75%)
DGKC 86.50 Increased By ▲ 0.15 (0.17%)
FCCL 21.47 Increased By ▲ 0.11 (0.51%)
FFBL 33.85 No Change ▼ 0.00 (0%)
FFL 9.75 Increased By ▲ 0.03 (0.31%)
GGL 10.53 Increased By ▲ 0.08 (0.77%)
HBL 114.50 Increased By ▲ 1.76 (1.56%)
HUBC 139.89 Increased By ▲ 2.45 (1.78%)
HUMNL 11.82 Increased By ▲ 0.40 (3.5%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.65 Increased By ▲ 0.02 (0.43%)
MLCF 38.00 Increased By ▲ 0.20 (0.53%)
OGDC 139.29 Decreased By ▼ -0.21 (-0.15%)
PAEL 26.02 Increased By ▲ 0.41 (1.6%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.84 Increased By ▲ 0.04 (0.59%)
PPL 123.71 Increased By ▲ 1.51 (1.24%)
PRL 26.95 Increased By ▲ 0.37 (1.39%)
PTC 14.02 Decreased By ▼ -0.03 (-0.21%)
SEARL 59.59 Increased By ▲ 0.61 (1.03%)
SNGP 68.94 Decreased By ▼ -0.01 (-0.01%)
SSGC 10.42 Increased By ▲ 0.12 (1.17%)
TELE 8.43 Increased By ▲ 0.05 (0.6%)
TPLP 11.23 Increased By ▲ 0.17 (1.54%)
TRG 64.06 Decreased By ▼ -0.13 (-0.2%)
UNITY 26.52 Decreased By ▼ -0.03 (-0.11%)
WTL 1.47 Increased By ▲ 0.02 (1.38%)
BR100 7,945 Increased By 107.6 (1.37%)
BR30 25,695 Increased By 243.3 (0.96%)
KSE100 75,991 Increased By 876.9 (1.17%)
KSE30 24,436 Increased By 322.5 (1.34%)

PakistqwISLAMABAD: Chairman of the Pakistan Agriculture Research Council (PARC) Dr Iftikhar Ahmed on Saturday said that the Finance Ministry had been directed to release Rs 383.7 million to the Council immediately to meet its budget shortfall.

 

The PARC Chairman, while talking to APP, said that the directive was issued by Prime Minister Raja Pervez Ashraf after he apprised him of the financial crunch being faced by the Council, during a recent meeting.

 

He said that he told the Prime Minister that non-development expenditure was the main reason for budget shortfall. Some 269 employees of the PARC have been recently reinstated and funds are required to pay their salaries and arrears, he added.

 

He said that the Council was originally allocated Rs 876.21 million for non-development budget and Rs 2753.21 million for development budget the year 2012-13.

 

He apprised the Prime Minister that work on six approved projects could not be initiated due to funds shortage. "The Prime Minister acceded to the release of funds, saying that research work in this important field, on whom the country's economy depends the most, should not be stopped", he added.

 

Prime Minister directed for discovering new varieties of agriculture products, which should give maximum yield with minimum time and use of water, he added.

 

He said the Prime Minister also desired that the research work should now come out of laboratories and libraries and its outcome must reach the farmers so they produce new varieties by following the new technology.

 

"The Prime Minister also directed us to start mega projects for the development of agriculture in the country", Dr Iftikhar added.

 

He said that the Prime Minister directed for using electronic media to create public awareness about the new agriculture research.

 

Prime Minister was informed that the scientists are trying to discover new varieties to cope with the current weather change, he added.

 

He said that the PARC had launched projects for the production of tea and edible olive oil in in Khyber Pakhtunkhwa to make the country self-sufficient. In this regard, scientists will be sent abroad for training, he added.

 

Copyright APP (Associated Press of Pakistan), 2012

Comments

Comments are closed.