AGL 37.40 Decreased By ▼ -0.60 (-1.58%)
AIRLINK 216.39 Increased By ▲ 2.48 (1.16%)
BOP 9.48 Increased By ▲ 0.06 (0.64%)
CNERGY 6.67 Increased By ▲ 0.38 (6.04%)
DCL 8.70 Decreased By ▼ -0.07 (-0.8%)
DFML 42.86 Increased By ▲ 0.65 (1.54%)
DGKC 94.80 Increased By ▲ 0.68 (0.72%)
FCCL 35.45 Increased By ▲ 0.26 (0.74%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.76 Increased By ▲ 1.37 (8.36%)
HUBC 127.65 Increased By ▲ 0.75 (0.59%)
HUMNL 13.60 Increased By ▲ 0.23 (1.72%)
KEL 5.34 Increased By ▲ 0.03 (0.56%)
KOSM 6.94 No Change ▼ 0.00 (0%)
MLCF 43.57 Increased By ▲ 0.59 (1.37%)
NBP 59.50 Increased By ▲ 0.65 (1.1%)
OGDC 222.00 Increased By ▲ 2.58 (1.18%)
PAEL 39.70 Increased By ▲ 0.54 (1.38%)
PIBTL 8.24 Increased By ▲ 0.06 (0.73%)
PPL 194.80 Increased By ▲ 3.14 (1.64%)
PRL 38.90 Increased By ▲ 0.98 (2.58%)
PTC 27.35 Increased By ▲ 1.01 (3.83%)
SEARL 104.85 Increased By ▲ 0.85 (0.82%)
TELE 8.59 Increased By ▲ 0.20 (2.38%)
TOMCL 34.77 Increased By ▲ 0.02 (0.06%)
TPLP 13.10 Increased By ▲ 0.22 (1.71%)
TREET 25.55 Increased By ▲ 0.21 (0.83%)
TRG 72.30 Increased By ▲ 1.85 (2.63%)
UNITY 33.25 Decreased By ▼ -0.14 (-0.42%)
WTL 1.71 Decreased By ▼ -0.01 (-0.58%)
BR100 11,999 Increased By 105.2 (0.88%)
BR30 37,374 Increased By 519.7 (1.41%)
KSE100 111,356 Increased By 932.8 (0.84%)
KSE30 35,036 Increased By 257.7 (0.74%)

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said that the government should take notice of the increase in DAP and urea prices, as it would affect the production of wheat and tomatoes.

In various parts of Punjab, instead of Rs 7,300, DAP is being sold at Rs 8,500 to Rs 10,000 while urea which is supposed to be sold at the rate of Rs 1,760 per bag is available at Rs 2,200 to Rs 2,500.

The government should take immediate steps to curb the black marketing of DAP and urea. He noted that the government provides a subsidy of Rs 1000 per sack to the farmers but due to bureaucratic problems, it is very difficult for the farmers to get it, so they sell the voucher for Rs 300 to the agents.

He lauded the decision of the Prime Minister Imran Khan to focus on welfare of small farmers.

He said that the decision of the Prime Minister to modernize the agriculture sector is commendable, which included subsidies and soft loans for purchase of fertilizer, seeds, and pesticides.

Mian Zahid Hussain said that agriculture can never be developed on modern lines unless the government starts supporting small farmers. He said that there is a fear of water shortage for the Rabi crop, which will be detrimental to the farmers and for the food security.

Therefore, strict measures should be taken against the theft of water from canals while farmers should be freed from loan sharks, middlemen, and hoarders, he said.

Copyright Business Recorder, 2021

Comments

Comments are closed.