AGL 40.10 Increased By ▲ 0.07 (0.17%)
AIRLINK 127.70 No Change ▼ 0.00 (0%)
BOP 6.75 Increased By ▲ 0.14 (2.12%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DCL 8.85 Increased By ▲ 0.06 (0.68%)
DFML 41.60 Increased By ▲ 0.02 (0.05%)
DGKC 86.52 Increased By ▲ 0.73 (0.85%)
FCCL 32.73 Increased By ▲ 0.24 (0.74%)
FFBL 64.60 Increased By ▲ 0.57 (0.89%)
FFL 11.29 Increased By ▲ 0.74 (7.01%)
HUBC 112.00 Increased By ▲ 1.23 (1.11%)
HUMNL 14.95 Decreased By ▼ -0.12 (-0.8%)
KEL 4.90 Increased By ▲ 0.02 (0.41%)
KOSM 7.41 Decreased By ▼ -0.04 (-0.54%)
MLCF 40.73 Increased By ▲ 0.21 (0.52%)
NBP 61.25 Increased By ▲ 0.20 (0.33%)
OGDC 195.75 Increased By ▲ 0.88 (0.45%)
PAEL 27.55 Increased By ▲ 0.04 (0.15%)
PIBTL 7.80 Decreased By ▼ -0.01 (-0.13%)
PPL 153.60 Increased By ▲ 1.07 (0.7%)
PRL 26.75 Increased By ▲ 0.17 (0.64%)
PTC 16.24 Decreased By ▼ -0.02 (-0.12%)
SEARL 84.07 Decreased By ▼ -0.07 (-0.08%)
TELE 7.93 Decreased By ▼ -0.03 (-0.38%)
TOMCL 36.75 Increased By ▲ 0.15 (0.41%)
TPLP 8.90 Increased By ▲ 0.24 (2.77%)
TREET 17.25 Decreased By ▼ -0.41 (-2.32%)
TRG 57.80 Decreased By ▼ -0.82 (-1.4%)
UNITY 26.84 Decreased By ▼ -0.02 (-0.07%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 10,000 No Change 0 (0%)
BR30 31,002 No Change 0 (0%)
KSE100 94,694 Increased By 501.7 (0.53%)
KSE30 29,399 Increased By 198.4 (0.68%)

Agriculture, the biggest sector of the economy, is under serious threat as gradual sale and lease of large patches of lands to foreigners is being carried out in a very quick and secretive manner, the Pakistan Economy Watch (PEW) said here on Sunday.
The idea of corporate farming has evoked more fears than hopes. Many think that corporate farming will have negative impact on rural livelihood and will transform Pakistan into a more unequal country.
Despite opposition, some important persons seem determined to allow foreigners to own an unlimited amount of land in any part of Pakistan, said Dr Murtaza Mughal, President PEW in a press release. The development is bound to hurt environment, water resources, forests, wildlife and above all the farming community. Millions of farmers will result jobless while thousands of acres of fertile land will become barren because the corporate farms would be given preference in provision of canal water, seed, pesticides, fertilisers and other inputs.
Political unrest may follow as rights of farmers are being neglected and nation is not being taken into confidence. Alternative arrangement for poor peasants seems not to be a consideration at all; rather a force would be raised to help foreigners carry out their activities in a smooth manner.
Industrial privatisation was carried out to retire the debt. In the process we lost many profitable units and the country was pushed to brink of bankruptcy. Now fertile lands are being privatised in the name of technological advancement and attracting foreign investment. Foreigners have only one think in mind while investing outside their country, to gain maximum in minimum of time and leave.
Wealthy countries have controlled global trade and now they are eyeing over one trillion dollar agricultural output of underdeveloped countries, said Dr Murtaza Mughal.
Rich countries have already bought large farms in many countries like Congo, Sudan, Zambia, Myanmar, Laos, Uganda, Cambodia, Mozambique, Madagascar, Ethiopia, Angola, Nigeria, Tanzania, Brazil and Central Asia. They are expanding attracting unrest and riots. It seems that now it is our turn. Corporate farming will push some cultivators to commit suicide while others may prefer crimes. A good number may develop extremist tendencies that will have a heavy political price.

Copyright Pakistan Press International, 2009

Comments

Comments are closed.