BR100 Decreased By (-1.08%)
BR30 Decreased By (-1.33%)
KSE100 Decreased By (-0.64%)
KSE30 Decreased By (-0.81%)
BECO 5.32 Decreased By ▼ -0.11 (-2.03%)
BML 55.27 Decreased By ▼ -0.42 (-0.75%)
BOP 35.00 Decreased By ▼ -0.38 (-1.07%)
CNERGY 8.16 Decreased By ▼ -0.04 (-0.49%)
DCL 11.40 Decreased By ▼ -0.15 (-1.3%)
FCCL 57.51 Decreased By ▼ -0.85 (-1.46%)
FCSC 5.00 Decreased By ▼ -0.12 (-2.34%)
FFL 17.66 Decreased By ▼ -0.18 (-1.01%)
FNEL 1.23 Decreased By ▼ -0.02 (-1.6%)
HUMNL 10.90 Decreased By ▼ -0.17 (-1.54%)
KEL 8.56 Decreased By ▼ -0.19 (-2.17%)
KOSM 6.47 Decreased By ▼ -0.22 (-3.29%)
MLCF 106.59 Decreased By ▼ -0.56 (-0.52%)
NBP 199.00 Decreased By ▼ -2.73 (-1.35%)
PACE 11.06 Decreased By ▼ -0.24 (-2.12%)
PAEL 44.95 Increased By ▲ 0.46 (1.03%)
PIAHCLA 28.37 Decreased By ▼ -1.04 (-3.54%)
PIBTL 18.28 Decreased By ▼ -0.36 (-1.93%)
PPL 243.50 Decreased By ▼ -4.48 (-1.81%)
PRL 34.91 Decreased By ▼ -0.38 (-1.08%)
PTC 65.25 Decreased By ▼ -0.89 (-1.35%)
SEARL 94.00 Decreased By ▼ -1.49 (-1.56%)
SSGC 30.75 Decreased By ▼ -1.29 (-4.03%)
TELE 8.69 Decreased By ▼ -0.18 (-2.03%)
THCCL 64.86 Decreased By ▼ -1.75 (-2.63%)
TPLP 10.22 Decreased By ▼ -0.35 (-3.31%)
TREET 25.04 Decreased By ▼ -0.26 (-1.03%)
TRG 63.15 Decreased By ▼ -1.25 (-1.94%)
WAVES 10.64 Decreased By ▼ -0.26 (-2.39%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)
Pakistan

Incentives for wheat growers crucial to Pakistan’s food security: NA Speaker

  • Asad Qaiser assured that the matter would be taken up with the Ministry of Finance in the next meeting of the committee within one week.
Published November 5, 2020 Updated November 5, 2020 11:41pm
By

ISLAMABAD: Speaker National Assembly Asad Qaiser Thursday said that the meaningful and timely incentives for wheat growers was indispensable to Pakistan’s national food security.

He made these remarks while chairing a meeting of the National Assembly Special Committee on Agricultural Products convened to deliberate upon minimum support price for wheat, strategy for enhancing production of wheat and other Rabi crops.

The meeting was attended by Federal Minister for National Food Security and Research Syed Fakhar Imam, Federal Minister for Economic Affairs Khusro Bakhtiar, Balochistan Agriculture Minister, Chairman PARC, Secretary Food Punjab, Secretary Agriculture KP, MD PASSCO and members of the committee.

A significantly larger majority of the committee members recommended that the minimum support price for wheat should be fixed at Rs. 1800/40 kg while members from Sindh recommended Rs. 2000/40 kg as minimum support price for wheat.

The members highlighted that lack of decent profitability in wheat production would deter farmers from cultivating wheat crop resulting in Pakistan’s national food security crisis.

The members stressed that undue delay in the fertilizer subsidy disbursement mechanism would adversely affect the cumulative output of wheat and the country would be forced to import expensive wheat next year.

The committee recommended that each province should immediately share its proposed subsidy disbursement mechanism with the Ministry of National Food Security and Research for onward submission to the Ministry of Finance for release of the funds.

Asad Qaiser assured that the matter would be taken up with the Ministry of Finance in the next meeting of the committee within one week.

On the request of Khyber Pakhtunkhwa and Balochistan, the committee recommended that Punjab Seed Corporation and Government of Sindh should provide wheat seed to KP and Balochistan within one week as per agreement and according to the demand in order to avoid potential wheat crisis.

The Agriculture Minister of Balochistan stated that given Balochistan’s agricultural landscape, the federal government should extend a supportive arm to Balochistan.

He regretted that the subsidy on tubewells and funds for solarization of tubewells, despite announced, were not released.

The Special Committee on Agricultural Products unanimously adopted a resolution urging the federal government to replicate the relief in energy prices provided to Micro, Small and Medium Enterprises (MSME) and Large Scale Manufacturing (LSM) industry for the hardest hit farmers within the month of November, 2020 so that farmers can take benefit of this relief in the current planting season.

The committee through its resolution expressed grave concern over lack of any action taken in pursuance of the Prime Minister’s directions to provide relief to farmers on tubewells across the country.

Federal Minister for National Food Security and Research, officials of the Ministry and provincial governments briefed the panel on current situation, cost, import, support price and interventions for enhancing wheat production next year.

The committee would meet next Friday to review implementation status of its recommendations.

Comments

Comments are closed for this article.