AIRLINK 198.20 Increased By ▲ 0.23 (0.12%)
BOP 9.88 Decreased By ▼ -0.16 (-1.59%)
CNERGY 7.50 Increased By ▲ 0.21 (2.88%)
FCCL 38.35 Increased By ▲ 2.35 (6.53%)
FFL 16.78 Decreased By ▼ -0.13 (-0.77%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 134.50 Increased By ▲ 0.47 (0.35%)
HUMNL 14.11 Decreased By ▼ -0.03 (-0.21%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.74 Decreased By ▼ -0.20 (-2.88%)
MLCF 46.00 Increased By ▲ 1.02 (2.27%)
OGDC 216.50 Decreased By ▼ -1.73 (-0.79%)
PACE 6.96 Increased By ▲ 0.02 (0.29%)
PAEL 40.92 Decreased By ▼ -0.50 (-1.21%)
PIAHCLA 17.00 Increased By ▲ 0.14 (0.83%)
PIBTL 8.48 Increased By ▲ 0.02 (0.24%)
POWER 9.60 Increased By ▲ 0.21 (2.24%)
PPL 183.30 Decreased By ▼ -2.63 (-1.41%)
PRL 42.21 Increased By ▲ 0.94 (2.28%)
PTC 24.99 Increased By ▲ 0.22 (0.89%)
SEARL 103.85 Decreased By ▼ -0.80 (-0.76%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.45 Decreased By ▼ -0.46 (-1.12%)
SYM 17.78 Decreased By ▼ -0.27 (-1.5%)
TELE 8.85 Decreased By ▼ -0.06 (-0.67%)
TPLP 12.92 Increased By ▲ 0.08 (0.62%)
TRG 65.86 Decreased By ▼ -0.74 (-1.11%)
WAVESAPP 11.23 Decreased By ▼ -0.07 (-0.62%)
WTL 1.76 Decreased By ▼ -0.02 (-1.12%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,119 Increased By 9.9 (0.08%)
BR30 36,719 Increased By 121.5 (0.33%)
KSE100 114,783 Decreased By -259.6 (-0.23%)
KSE30 36,075 Decreased By -125 (-0.35%)

Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain has emphasised the need for putting in place a strict monitoring system for important crops to keep their prices stable, ensure availability and look after the interests of growers and consumers alike.

He said tomato prices are not receding despite imports due to profiteer mafia. The important issue of food security should not be left to profiteers and middlemen, therefore, the federal and provincial governments should join hands for effective monitoring of vegetables, he said.

He noted that last year the farmers were selling tomato at Rs3-4 per kg in Sindh while tomato smuggling in August damaged the poor farmers of Balochistan, therefore, the government must take steps to safeguard the rights of masses and planters. The price volatility despite imports not only point towards profiteering but also the fact that imports will not resolve the problem. The government should take steps to enhance per acre yield to cater for increasing demand.

Copyright Business Recorder, 2019

Comments

Comments are closed.