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Sindh CM announces raise in minimum sugarcane price KARACHI: Sindh Chief Minister Syed Qaim Ali on growers' demand and in public interest has increased minimum price of sugarcane from Rs 155 to Rs 182 per maund.Addressing a press conference here on Sunday, he asked the sugar mills owners to start procurement of sugarcane at the fixed rates and start the crushing season.The Chief Minister said "the prices of agricultural inputs have increased considerably, therefore the Agriculture Department, in consultation with the growers and sugar mill owners, had fixed the sugarcane price at Rs 182 per maund but the mill owners challenged it in the court, therefore it was reduced to Rs 155 per maund but this was not accepted by the growers. Now it has been re-fixed at Rs 182 per maund".To a question he said that the support price of wheat has been fixed at Rs 1250 per maund.He said that the traders have imported substandard wheat ...

Procurement of Sugarcane to be ensured at fixed rates: CM LAHORE: Punjab Chief Minister Muhammad Shahbaz Sharif on Saturday issued instructions to divisional commissioners and DCOs that the procurement of sugarcane by sugar mills from sugarcane growers must be ensured at fixed rates .The process of purchase of sugarcane by sugar mills from farmers should not be stopped at any cost, he said.The chief minister also ordered indiscriminate action as per law against sugar mills which are not purchasing sugarcane from farmers at fixed rates.He ...
No notification issued to decrease sugarcane rates: DCO MUZAFFARGARH: District Coordination Officer (DCO) Shaukat Ali on Saturday said the Punjab government has not issued any notification for decreasing the rates of sugarcane.Presiding over a meeting with farmers and representatives of sugar mills here, he said that sugar mills were bound to give PCR at Rs 180 per maund to the farmers according to the previous notification.He said the sugar mills could decrease the rates after issuance of notification by the Punjab government. He ...
1.26mn Pakistanis sent abroad for employment in 22 months ISLAMABAD: Ministry of Overseas Pakistanis and Human Resource Development has sent/registered 1.26 million Pakistanis for employment abroad during last 22 months.Of the total 663,305 were sent abroad for employment during 2013 and up to October 2014 from Punjab province, 129,235 from Sindh, 292,168 from Khyber Pakhtunkhwa (KPK), 15,503 from Balochistan, 67,752 from Federally Administered Tribal Areas (FATA) 2,961 from Gilgit Baltistan (GB) and 84,132 Pakistanis were sent from Azad Jammu Kashmir.Sources at the Ministry said ...
New textile policy demanded FAISALABAD: Textile exporters have demanded the approval of new txtile policy for redrassal of the exporters' problems. Expressing concern over the delay in the approval of textile policy here Friday, Sohail Pasha, chairman and Rizwan Riaz, vice chairman of Pakistan Textile Exporters Association (PTEA) demanded that new five-year textile policy should include financial and industrial facilities, remove hurdles and ensure the provision of necessary incentives to enhance the textile exports to USD 26 billion by ...
CM assures all support to increase rice export KARACHI: Sindh Government and Rice Exporters Association of Pakistan (REAP) on Thursday agreed to undertake joint efforts for promoting rice cultivation, capacity building of rice growers and increase the volume of rice export for their bilateral benefits.Sindh Chief Minister, Syed Qaim Ali Shah formed committee headed by Sindh Minister for Agriculture Sardar Ali Nawaz Khan Mahar with Secretary Agriculture and representatives of REAP as members, said an official statement.The committee was assigned to work out ...
Wheat production target of 19.5mn ton achievable MULTAN: Agriculture experts advised farmers to reduce wastage of agriculture implements by tackling weeds problem to meet wheat production target of 19.5 million ton for the year 2014-15 and increase per acre production to 31.66 Maunds.Assistant director agriculture information, Naveed Asmat Kahlon told media persons on Thursday that Pakistan produced 19.4 million wheat last year when average per acre yield was witnessed at 31.14 Maunds. However, this year the production target was increased up to ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln