AIRLINK 75.25 Decreased By ▼ -0.18 (-0.24%)
BOP 5.11 Increased By ▲ 0.04 (0.79%)
CNERGY 4.60 Decreased By ▼ -0.15 (-3.16%)
DFML 32.53 Increased By ▲ 2.43 (8.07%)
DGKC 90.35 Decreased By ▼ -0.13 (-0.14%)
FCCL 22.98 Increased By ▲ 0.08 (0.35%)
FFBL 33.57 Increased By ▲ 0.62 (1.88%)
FFL 10.04 Decreased By ▼ -0.01 (-0.1%)
GGL 11.05 Decreased By ▼ -0.29 (-2.56%)
HBL 114.90 Increased By ▲ 1.41 (1.24%)
HUBC 137.34 Increased By ▲ 0.83 (0.61%)
HUMNL 9.53 Decreased By ▼ -0.37 (-3.74%)
KEL 4.66 No Change ▼ 0.00 (0%)
KOSM 4.70 Increased By ▲ 0.01 (0.21%)
MLCF 40.54 Decreased By ▼ -0.56 (-1.36%)
OGDC 139.75 Increased By ▲ 4.95 (3.67%)
PAEL 27.65 Increased By ▲ 0.04 (0.14%)
PIAA 24.40 Decreased By ▼ -1.07 (-4.2%)
PIBTL 6.92 No Change ▼ 0.00 (0%)
PPL 125.30 Increased By ▲ 0.85 (0.68%)
PRL 27.55 Increased By ▲ 0.15 (0.55%)
PTC 14.15 Decreased By ▼ -0.35 (-2.41%)
SEARL 61.85 Increased By ▲ 1.65 (2.74%)
SNGP 72.98 Increased By ▲ 2.43 (3.44%)
SSGC 10.59 Increased By ▲ 0.03 (0.28%)
TELE 8.78 Decreased By ▼ -0.11 (-1.24%)
TPLP 11.73 Decreased By ▼ -0.05 (-0.42%)
TRG 66.60 Decreased By ▼ -1.06 (-1.57%)
UNITY 25.15 Decreased By ▼ -0.02 (-0.08%)
WTL 1.44 Decreased By ▼ -0.04 (-2.7%)
BR100 7,806 Increased By 81.8 (1.06%)
BR30 25,828 Increased By 227.1 (0.89%)
KSE100 74,531 Increased By 732.1 (0.99%)
KSE30 23,954 Increased By 330.7 (1.4%)

This is apropos 'Agriculture & allied sectors: Shahbaz announces Rs 100bn for development' carried by Business Recorder on Sunday. According to it, the Punjab Chief Minister has announced up to Rs 100 billion exclusively for the development of agriculture and allied sectors for the next two years and also the formation of a "Kissan commission" (farmers' commission) to look into their complaints and issues.
Addressing the opening session of the first-ever Punjab Agriculture Conference 2016 the Khadim-e-Aala of Punjab said, "This allocation will purely be for development and subsidy to be extended to the growers during the next two years and nothing to do with the departmental budget. This will also not include a sum of Rs 150 billion being spent on farm to market roads in the rural areas, or other allocations for providing clean drinking water or any other incentive to the rural folk."
He remarked: "Now the ball is in your court ... We are going to allocate a huge sum and it is now your duty to make this province once again the food basket of this country and the region." The Punjab government has taken the right step towards improvement of agriculture and its allied sector. The question, however, is: how will the farming sector look at his benevolence when the prices of commodities are already witnessing a decline in the global market? According to Jocelyn G. Brown of USDA's Foreign Agriculture Service (FAS), for example, producing lower-value bulk commodities on small farms, even with higher yields, rarely generates sufficient income to lift a farmer out of poverty. Has the Punjab government taken this fact into consideration?

Copyright Business Recorder, 2016

Comments

Comments are closed.