BR100 Increased By (1.12%)
BR30 Increased By (1.01%)
KSE100 Increased By (0.94%)
KSE30 Increased By (1.03%)
AGHA 7.48 Increased By ▲ 0.03 (0.4%)
BECO 5.29 Increased By ▲ 0.05 (0.95%)
BML 57.10 Increased By ▲ 0.36 (0.63%)
BOP 34.20 Increased By ▲ 0.50 (1.48%)
CNERGY 10.99 Decreased By ▼ -0.02 (-0.18%)
CSIL 5.99 Increased By ▲ 0.13 (2.22%)
FCCL 55.99 Increased By ▲ 0.85 (1.54%)
FFL 16.35 Increased By ▲ 0.25 (1.55%)
FNEL 1.23 Increased By ▲ 0.03 (2.5%)
KEL 7.30 Increased By ▲ 0.04 (0.55%)
KOSM 6.15 Increased By ▲ 0.14 (2.33%)
LOTCHEM 27.14 Increased By ▲ 0.23 (0.85%)
MLCF 97.84 Increased By ▲ 1.91 (1.99%)
NBP 206.30 Increased By ▲ 3.02 (1.49%)
NCPL 56.20 Increased By ▲ 0.47 (0.84%)
NPL 65.70 Increased By ▲ 0.65 (1%)
OGDC 314.90 Increased By ▲ 0.79 (0.25%)
PACE 10.60 Increased By ▲ 0.11 (1.05%)
PAEL 42.65 Increased By ▲ 0.73 (1.74%)
PIBTL 16.93 Increased By ▲ 0.19 (1.14%)
PPL 219.49 Increased By ▲ 1.77 (0.81%)
PRL 62.80 Increased By ▲ 0.10 (0.16%)
PTC 71.85 Increased By ▲ 0.39 (0.55%)
SSGC 27.39 Increased By ▲ 0.65 (2.43%)
TBL 9.81 Increased By ▲ 0.15 (1.55%)
TELE 8.59 Increased By ▲ 0.11 (1.3%)
TPL 19.70 Decreased By ▼ -0.28 (-1.4%)
TPLP 14.90 Decreased By ▼ -0.04 (-0.27%)
TREET 23.21 Increased By ▲ 0.14 (0.61%)
TRG 61.00 Increased By ▲ 0.33 (0.54%)

KARACHI: Leadership of United Business Group (UBG) has underscored the critical importance of corporate farming as a transformative strategy to revitalise Pakistan’s agriculture sector.

S M Tanveer, Zubair Tufail , Khalid Tawab, Hanif Gohar , Syed Mazher Ali Nasir, Malik Khuda Bakhsh and others leaders of UBG emphasised the urgent need for provincial governments to spearhead initiatives aimed at attracting both local and foreign investors to the agriculture sector. Highlighting the significance of this initiative, UBG leaders urged all provincial chief ministers to direct their agriculture departments to expedite the submission of proposals conducive to the establishment of corporate farming projects.

They stressed the need for leveraging modern technologies to enhance crop yields and bolster agricultural productivity.

UBG emphasised the importance of strengthening various wings within agriculture departments, including research centres, to ensure the optimal utilization of resources for the benefit of farmers and the economy at large.

Besides, UBG called upon provincial governments to facilitate corporate farming ventures by providing essential input facilities such as fortified seeds, subsidized fertilizers, and access to water resources, particularly in barren lands across the provinces.

Furthermore, UBG emphasised the need for equitable opportunities for local growers to participate in corporate farming initiatives.

By encouraging the adoption of modern methods and techniques, local farmers can contribute to the success of corporate farming endeavours while enhancing their own agricultural practices.

UBG leaders reiterated that the promotion of corporate farming aligns with the objectives of the “Green Pakistan Initiative,” aimed at modernizing agricultural practices and ensuring sustainable development in the country.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.