AIRLINK 173.49 Decreased By ▼ -2.24 (-1.27%)
BOP 13.25 Increased By ▲ 0.13 (0.99%)
CNERGY 7.44 Decreased By ▼ -0.10 (-1.33%)
FCCL 43.74 Decreased By ▼ -0.17 (-0.39%)
FFL 14.95 Decreased By ▼ -0.06 (-0.4%)
FLYNG 26.46 Decreased By ▼ -0.44 (-1.64%)
HUBC 130.35 Increased By ▲ 0.12 (0.09%)
HUMNL 13.50 Increased By ▲ 0.16 (1.2%)
KEL 4.44 Decreased By ▼ -0.06 (-1.33%)
KOSM 6.02 Decreased By ▼ -0.04 (-0.66%)
MLCF 55.40 Decreased By ▼ -0.63 (-1.12%)
OGDC 216.15 Increased By ▲ 1.38 (0.64%)
PACE 5.95 Decreased By ▼ -0.03 (-0.5%)
PAEL 41.65 Increased By ▲ 0.75 (1.83%)
PIAHCLA 16.64 Increased By ▲ 0.32 (1.96%)
PIBTL 9.65 Decreased By ▼ -0.10 (-1.03%)
POWER 11.65 Decreased By ▼ -0.11 (-0.94%)
PPL 183.20 Increased By ▲ 1.72 (0.95%)
PRL 34.26 Increased By ▲ 0.04 (0.12%)
PTC 22.88 Decreased By ▼ -0.18 (-0.78%)
SEARL 94.50 Decreased By ▼ -1.22 (-1.27%)
SILK 1.16 Increased By ▲ 0.02 (1.75%)
SSGC 35.70 Increased By ▲ 0.25 (0.71%)
SYM 15.77 Increased By ▲ 0.02 (0.13%)
TELE 7.81 Decreased By ▼ -0.06 (-0.76%)
TPLP 10.90 Decreased By ▼ -0.08 (-0.73%)
TRG 60.89 Increased By ▲ 0.39 (0.64%)
WAVESAPP 10.71 Decreased By ▼ -0.10 (-0.93%)
WTL 1.33 Decreased By ▼ -0.02 (-1.48%)
YOUW 3.80 Increased By ▲ 0.03 (0.8%)
BR100 12,112 Increased By 58.5 (0.49%)
BR30 36,725 Increased By 258.1 (0.71%)
KSE100 114,428 Increased By 71.9 (0.06%)
KSE30 35,332 Decreased By -15.7 (-0.04%)

Kissan Board Pakistan (KBP) said it would protect farmers from the clutches of exploiters including International Monetary Fund, World Bank, banks, fertiliser manufacturers, sugar mills, rice mills, cotton mills and hoarders of agriculture inputs.
Addressing Independence Day flag hoisting ceremony here on Sunday, President KBP Sardar Zafar Hussain said "without breaking clutches of these powerful groups and the Qabza mafia, the farming community could not achieve meaningful independence.
He alleged that the IMF, World Bank, fertiliser manufacturers, banks, sugar, flour, rice and cotton mills' owners have crippled the farmers and the agriculture sector economically. The traders and middle men of agriculture commodities manipulate prices and purchase these commodities at very cheap rates from the farmers at the harvesting time since poor growers neither have the capacity nor do they have the storage facilities to retain their produce for some time.
He said providers of agriculture inputs like fertilisers, pesticides, seeds, etc, sell their products at exorbitant rates to the farmers and earn billions of rupees through black-marketing, hoarding and profiteering. "These cartels have monopolised the agricultural economy, therefore farmers will have to wage a successful struggle against these elements", he added.

Copyright Business Recorder, 2011

Comments

Comments are closed.