BAFL 47.70 Increased By ▲ 1.20 (2.58%)
BIPL 21.75 Increased By ▲ 0.60 (2.84%)
BOP 5.65 Increased By ▲ 0.12 (2.17%)
CNERGY 5.10 Increased By ▲ 0.20 (4.08%)
DFML 19.29 Increased By ▲ 0.47 (2.5%)
DGKC 81.25 Increased By ▲ 1.25 (1.56%)
FABL 31.50 Increased By ▲ 0.65 (2.11%)
FCCL 20.50 Increased By ▲ 0.11 (0.54%)
FFL 9.87 Increased By ▲ 0.31 (3.24%)
GGL 14.07 Increased By ▲ 0.10 (0.72%)
HBL 122.30 Increased By ▲ 4.35 (3.69%)
HUBC 123.97 Increased By ▲ 0.17 (0.14%)
HUMNL 8.15 Increased By ▲ 0.20 (2.52%)
KEL 3.58 Increased By ▲ 0.07 (1.99%)
LOTCHEM 28.64 Increased By ▲ 0.09 (0.32%)
MLCF 42.50 Increased By ▲ 0.40 (0.95%)
OGDC 121.30 Increased By ▲ 0.29 (0.24%)
PAEL 19.62 Increased By ▲ 0.78 (4.14%)
PIBTL 5.89 Increased By ▲ 0.19 (3.33%)
PIOC 117.20 Increased By ▲ 3.49 (3.07%)
PPL 109.60 Increased By ▲ 1.25 (1.15%)
PRL 29.58 Increased By ▲ 1.76 (6.33%)
SILK 1.10 Increased By ▲ 0.03 (2.8%)
SNGP 70.30 Increased By ▲ 0.90 (1.3%)
SSGC 13.76 Increased By ▲ 0.51 (3.85%)
TELE 9.10 Increased By ▲ 0.31 (3.53%)
TPLP 14.35 Increased By ▲ 0.70 (5.13%)
TRG 94.69 Increased By ▲ 2.75 (2.99%)
UNITY 27.80 Increased By ▲ 1.14 (4.28%)
WTL 1.63 Increased By ▲ 0.06 (3.82%)
BR100 6,629 Increased By 85.7 (1.31%)
BR30 23,633 Increased By 423 (1.82%)
KSE100 64,495 Increased By 577.4 (0.9%)
KSE30 21,507 Increased By 155.7 (0.73%)

LAHORE: The caretaker Chief Minister Punjab Mohsin Naqvi and Federal Finance Minister Ishaq Dar chaired a meeting to deliberate on cotton support price and discussed measures to ensure that growers receive the fixed price of their crops.

The meeting was attended by chairman FBR, group leader APTMA Gohar Ejaz, Fuad Mukhtar, Anwar Ghani, and senior officials from the Finance ministry.

Meanwhile, following his visit to the Akbar Chowk flyover project, CM Mohsin Naqvi advised the cotton growers not to undersell their crop and emphasized that the government is committed to ensuring the sale of cotton at a minimum rate of 8,500 rupees per maund. He reassured the farmers that they would receive the full value for their cotton produce.

He urged the commissioners and deputy commissioners to enforce this rate in their respective areas. The prime minister and the Federal Finance Minister Ishaq Dar are also actively involved in addressing this issue, he added.

The CM further stated that there is, currently, no major flood threat in Punjab, and the government is taking steps to eliminate illegal settlements and encroachments along the riverbanks. Continuous monitoring of water inflows is being carried out, with reports being compiled every six hours.

He expressed confidence in completing development projects in Lahore on schedule and mentioned that the Akbar Chowk project is progressing as planned, with efforts to mitigate any delays caused by rainfall.

Furthermore, he added that the construction work on the Cavalry Ground, Ghora Chowk, and Nawaz Sharif Interchange underpass projects is scheduled to commence on July 17. The Walton-Main Boulevard project is also progressing rapidly.

He emphasized the government’s determination to maintain control over kacha areas, preventing the return of criminals under any circumstances.

Earlier, the CM inspected the Akbar Chowk flyover project and emphasized the need to expedite the work to meet the deadline. He acknowledged the completion of 153 piles for the project and highlighted the measures taken to ensure smooth traffic flow during the construction process.

The construction of the flyover piles has been finished, and work on the adjacent U-turns is progressing rapidly, he added. This project aims to provide convenient transportation facilities and permanently address the issue of traffic congestion. Additionally, the preservation of trees is being prioritized during the project's execution, he noted.

The commissioner/DG LDA briefed that out of the 31 pile caps, 7 have been completed, with work actively underway on the 8th pile cap. The construction of piers is in progress, with concreting for the shafts of 4 piers already accomplished.

Additionally, a notable milestone has been reached with the completion of 4 out of 66 box graders. Construction work is ongoing for 10 U-turns, and rigid concrete work for 3 U-turns has already been finalized, while the piling process for one U-turn has also been completed.

Provincial Ministers Mansoor Qadir, Azfar Ali Nasir, Amir Mir, CCPO Lahore, Chief Engineer LDA, MD WASA, CTO Lahore, and others were also present.

Copyright Business Recorder, 2023

Comments

Comments are closed.

CM, Dar discuss cotton support price

Intra-day update: rupee strengthens against US dollar

New FAB ED: govt initiates appointment process

FWBL sell-off: Minister briefed about status of accounts

Digitising budget process: Shamshad chairs IMF mission meeting

‘Illegal’ LCs, forex market speculation: MoF set to share list of banks with SIFC today

Loss-making Discos: FD opposes PD’s proposal

Power sector: Nepra backs transition from Libor to ‘SOFR’

‘Delayed’ CASA-1000 project: World Bank reluctant to arrange funds

CPEC 10th anniversary: there exists strong commitment to accelerate pace of ongoing projects

Customs values of various goods changed