AIRLINK 196.15 Increased By ▲ 4.31 (2.25%)
BOP 10.17 Increased By ▲ 0.30 (3.04%)
CNERGY 7.91 Increased By ▲ 0.24 (3.13%)
FCCL 38.41 Increased By ▲ 0.55 (1.45%)
FFL 16.05 Increased By ▲ 0.29 (1.84%)
FLYNG 25.48 Increased By ▲ 0.17 (0.67%)
HUBC 130.62 Increased By ▲ 0.45 (0.35%)
HUMNL 13.87 Increased By ▲ 0.28 (2.06%)
KEL 4.67 No Change ▼ 0.00 (0%)
KOSM 6.32 Increased By ▲ 0.11 (1.77%)
MLCF 45.34 Increased By ▲ 1.05 (2.37%)
OGDC 210.10 Increased By ▲ 3.23 (1.56%)
PACE 6.68 Increased By ▲ 0.12 (1.83%)
PAEL 41.25 Increased By ▲ 0.70 (1.73%)
PIAHCLA 17.78 Increased By ▲ 0.19 (1.08%)
PIBTL 8.15 Increased By ▲ 0.08 (0.99%)
POWER 9.26 Increased By ▲ 0.02 (0.22%)
PPL 181.25 Increased By ▲ 2.69 (1.51%)
PRL 40.21 Increased By ▲ 1.13 (2.89%)
PTC 24.61 Increased By ▲ 0.47 (1.95%)
SEARL 110.85 Increased By ▲ 3.00 (2.78%)
SILK 0.99 Increased By ▲ 0.02 (2.06%)
SSGC 38.65 Decreased By ▼ -0.46 (-1.18%)
SYM 19.25 Increased By ▲ 0.13 (0.68%)
TELE 8.70 Increased By ▲ 0.10 (1.16%)
TPLP 12.39 Increased By ▲ 0.02 (0.16%)
TRG 66.29 Increased By ▲ 0.28 (0.42%)
WAVESAPP 12.48 Decreased By ▼ -0.30 (-2.35%)
WTL 1.69 Decreased By ▼ -0.01 (-0.59%)
YOUW 3.99 Increased By ▲ 0.04 (1.01%)
BR100 12,097 Increased By 166.3 (1.39%)
BR30 36,124 Increased By 464.1 (1.3%)
KSE100 114,971 Increased By 1764.9 (1.56%)
KSE30 36,148 Increased By 582.7 (1.64%)

ISLAMABAD: Prime Minster Imran Khan Wednesday said that hoarding of fertiliser can adversely affect the crop production for Rabi season; therefore, supply of fertiliser must be ensured to farmers.

While presiding over a follow-up meeting to review supply and demand of fertiliser in the country, the prime minister said that no leniency will be shown towards elements involved in profiteering and hoarding.

He further stated that Pakistan Tehreek-e-Insaf (PTI) government has introduced farmer-friendly policies for the first time in the history of the country as they are the backbone of Pakistan’s economy and directed that an effective public awareness campaign be launched to dispel the rumours about urea shortage.

'Give reasons for delay in announcing Rabi crops package': PM

The meeting was informed that an average fertiliser supply of 19,000 metric tons daily was ensured during last week and an additional 1,000 metric tons/day has been added.

It was informed that the Cabinet has approved import of 100,000 metric tons of urea from China on government-to-government basis, at almost, half price from the current international market rate. As regards anti-smuggling measures, the meeting was informed that 92,845 bags of urea have been confiscated by provincial governments of the Punjab, the Khyber-Pakhtunkhwa, and Balochistan that were being smuggled.

A dedicated Monitoring Cell in the Ministry of Industries is monitoring the fertiliser situation and it has helped in urea tracing and price control, the meeting was further informed.

Copyright Business Recorder, 2022

Comments

Comments are closed.