AGL 37.99 Increased By ▲ 0.42 (1.12%)
AIRLINK 131.51 Decreased By ▼ -0.99 (-0.75%)
BOP 5.60 Decreased By ▼ -0.04 (-0.71%)
CNERGY 3.79 Increased By ▲ 0.02 (0.53%)
DCL 8.62 Decreased By ▼ -0.25 (-2.82%)
DFML 40.76 Decreased By ▼ -0.24 (-0.59%)
DGKC 87.40 Decreased By ▼ -2.76 (-3.06%)
FCCL 34.65 Decreased By ▼ -0.43 (-1.23%)
FFBL 65.70 Decreased By ▼ -0.80 (-1.2%)
FFL 10.34 Increased By ▲ 0.19 (1.87%)
HUBC 109.20 Increased By ▲ 2.80 (2.63%)
HUMNL 14.10 Increased By ▲ 0.70 (5.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.81 Decreased By ▼ -0.04 (-0.58%)
MLCF 41.30 Decreased By ▼ -0.50 (-1.2%)
NBP 59.35 Increased By ▲ 0.77 (1.31%)
OGDC 181.00 Decreased By ▼ -0.25 (-0.14%)
PAEL 25.45 Decreased By ▼ -0.25 (-0.97%)
PIBTL 5.89 Increased By ▲ 0.06 (1.03%)
PPL 145.30 Decreased By ▼ -3.10 (-2.09%)
PRL 23.23 Increased By ▲ 0.01 (0.04%)
PTC 15.50 Increased By ▲ 0.26 (1.71%)
SEARL 67.80 Decreased By ▼ -0.99 (-1.44%)
TELE 7.22 Decreased By ▼ -0.02 (-0.28%)
TOMCL 35.70 Decreased By ▼ -0.30 (-0.83%)
TPLP 7.50 Increased By ▲ 0.10 (1.35%)
TREET 14.13 Decreased By ▼ -0.11 (-0.77%)
TRG 50.80 Decreased By ▼ -0.05 (-0.1%)
UNITY 26.37 Decreased By ▼ -0.03 (-0.11%)
WTL 1.21 No Change ▼ 0.00 (0%)
BR100 9,738 Decreased By -30.2 (-0.31%)
BR30 29,401 Increased By 1.3 (0%)
KSE100 91,748 Decreased By -190.1 (-0.21%)
KSE30 28,627 Decreased By -116.7 (-0.41%)

Representatives of different farmers' organisations terming the federal budget 2012-13 as anti-agriculture and anti-farmers have said that there is no mention of steps for development of agriculture, which contributes over 23 per cent in the national gross domestic product (GDP).
Farmers Associates Pakistan (FAP) President Dr Tariq Bucha termed the proposed federal budget as a very poor budget as far as the agriculture is concerned. In his initial reaction, while talking to Business Recorder, FAP President said that only Rs 495 billion had been allocated in a budget of over 2.6 trillion. 'This is not sufficient rather only peanuts. Agriculture despite all the issues has shown a growth rate of 3.4 per cent and can play a very important role in strengthening the national economy has been allocated nothing,' he added.
He stated that the claim of the government about giving subsidy to the agriculture sector during present financial year was also farce. He said that the subsidy never reached to the growers but usurped by some other people. He said that despite a subsidy on Urea, growers were still buying it at higher rates.
He said that allocation for subsidy on solar tube-wells, research and agriculture was very meager rather zero. Agri-Forum Pakistan Chairman Muhammad Ibrahim Mughal strongly reacted to the budget speech of the federal finance minister and said that this was not the fifth budget by the government rather it was the fifth nail in the coffin. He said that the country never had such a budget with huge trade deficit.

Copyright Business Recorder, 2012

Comments

Comments are closed.