AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,599 Increased By 139.8 (0.55%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

LAHORE: Representatives of KUHN, a leading machinery manufacturing company, has expressed its intention to provide equipment with cutting edge technology to control air pollution in Punjab province on subsidized rates.

KUHN Director Sales (Asia) Stephane Oden disclosed this during a meeting with Punjab Agriculture Minister Syed Ashiq Hussain Kirmani in Punjab Assembly on Friday.

During the meeting, Provincial Minister for Agriculture Syed Ashiq Hussain Kirmani said that the agricultural sector is our first priority which can restore our economy. He said that the Punjab government is ensuring the implementation of mechanization program under agriculture revamping.

In Punjab, 27,000 locally produced agricultural machines will be provided at 60% subsidy in the next two years. He said that loan facility is also being provided to private sector dealers at 7% markup to import hi-tech machines. Chief Minister, Punjab Maryam Nawaz Sharif desired to minimize the import duty on mechanization.

During this meeting, Stephen Oden said that KUHN is the world's largest agricultural machinery manufacturing company and its annual turnover is 15 billion Euros. “We plan to start a program to provide new equipment at subsidized cost to control air pollution in Punjab.

Machines developed by using modern technology for seeding, seed planting, fertilizing, harvesting and securing the crop can help in increasing crop production in Punjab,” he added. Stephane Oden further said that the company's standard agricultural equipment and large tractors from 65 horsepower to 300 horsepower can help from cultivation to the final stages will save labor and time of the farmers.

The minister said only 15% of Punjab's large landowners have the ability to buy high-quality and large tractors of the KUHN company. According to the clear instructions of Chief Minister, Punjab Maryam Nawaz Sharif, the Punjab government will use paddy to control air pollution by ensuring the provision of rice shredders and super seeders to the farmers.

Copyright Business Recorder, 2024

Comments

Comments are closed.