AGL 37.99 Decreased By ▼ -0.03 (-0.08%)
AIRLINK 215.53 Increased By ▲ 18.17 (9.21%)
BOP 9.80 Increased By ▲ 0.26 (2.73%)
CNERGY 6.79 Increased By ▲ 0.88 (14.89%)
DCL 9.17 Increased By ▲ 0.35 (3.97%)
DFML 38.96 Increased By ▲ 3.22 (9.01%)
DGKC 100.25 Increased By ▲ 3.39 (3.5%)
FCCL 36.70 Increased By ▲ 1.45 (4.11%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.49 Increased By ▲ 1.32 (10.02%)
HUBC 134.13 Increased By ▲ 6.58 (5.16%)
HUMNL 13.63 Increased By ▲ 0.13 (0.96%)
KEL 5.69 Increased By ▲ 0.37 (6.95%)
KOSM 7.32 Increased By ▲ 0.32 (4.57%)
MLCF 45.87 Increased By ▲ 1.17 (2.62%)
NBP 61.28 Decreased By ▼ -0.14 (-0.23%)
OGDC 232.59 Increased By ▲ 17.92 (8.35%)
PAEL 40.73 Increased By ▲ 1.94 (5%)
PIBTL 8.58 Increased By ▲ 0.33 (4%)
PPL 203.34 Increased By ▲ 10.26 (5.31%)
PRL 40.81 Increased By ▲ 2.15 (5.56%)
PTC 28.31 Increased By ▲ 2.51 (9.73%)
SEARL 108.51 Increased By ▲ 4.91 (4.74%)
TELE 8.74 Increased By ▲ 0.44 (5.3%)
TOMCL 35.83 Increased By ▲ 0.83 (2.37%)
TPLP 13.84 Increased By ▲ 0.54 (4.06%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 34.84 Increased By ▲ 1.87 (5.67%)
WTL 1.72 Increased By ▲ 0.12 (7.5%)
BR100 12,244 Increased By 517.6 (4.41%)
BR30 38,419 Increased By 2042.6 (5.62%)
KSE100 113,924 Increased By 4411.3 (4.03%)
KSE30 36,044 Increased By 1530.5 (4.43%)

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.