AIRLINK 196.50 Increased By ▲ 2.94 (1.52%)
BOP 10.25 Increased By ▲ 0.30 (3.02%)
CNERGY 7.88 Decreased By ▼ -0.05 (-0.63%)
FCCL 39.80 Decreased By ▼ -0.85 (-2.09%)
FFL 17.09 Increased By ▲ 0.23 (1.36%)
FLYNG 27.12 Decreased By ▼ -0.63 (-2.27%)
HUBC 133.95 Increased By ▲ 1.37 (1.03%)
HUMNL 14.10 Increased By ▲ 0.21 (1.51%)
KEL 4.78 Increased By ▲ 0.18 (3.91%)
KOSM 6.64 Increased By ▲ 0.02 (0.3%)
MLCF 47.18 Decreased By ▼ -0.42 (-0.88%)
OGDC 214.79 Increased By ▲ 0.88 (0.41%)
PACE 6.96 Increased By ▲ 0.03 (0.43%)
PAEL 42.00 Increased By ▲ 0.76 (1.84%)
PIAHCLA 17.15 No Change ▼ 0.00 (0%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.60 Decreased By ▼ -0.04 (-0.41%)
PPL 183.96 Increased By ▲ 1.61 (0.88%)
PRL 42.90 Increased By ▲ 0.94 (2.24%)
PTC 25.15 Increased By ▲ 0.25 (1%)
SEARL 109.80 Increased By ▲ 2.96 (2.77%)
SILK 1.00 Increased By ▲ 0.01 (1.01%)
SSGC 44.11 Increased By ▲ 4.01 (10%)
SYM 17.86 Increased By ▲ 0.39 (2.23%)
TELE 8.96 Increased By ▲ 0.12 (1.36%)
TPLP 13.06 Increased By ▲ 0.31 (2.43%)
TRG 67.60 Increased By ▲ 0.65 (0.97%)
WAVESAPP 11.68 Increased By ▲ 0.35 (3.09%)
WTL 1.83 Increased By ▲ 0.04 (2.23%)
YOUW 3.97 Decreased By ▼ -0.10 (-2.46%)
BR100 12,249 Increased By 204.5 (1.7%)
BR30 36,933 Increased By 352.6 (0.96%)
KSE100 115,663 Increased By 1625.1 (1.43%)
KSE30 36,398 Increased By 603.9 (1.69%)

Agriculture Forum Pakistan (AFP) Chairman Muhammad Ibrahim Mughal has urged the government to immediately fix the minimum procurement price of basmati paddy at Rs 2000 per maund and non-basmati at Rs 1200 per maund to get maximum production which could meet the domestic requirement as well as help increasing the rice export.
Talking to media persons here on Wednesday, Muhammad Ibrahim Mughal said that previously basmati paddy was available at Rs 1400-1500 per maund and non-basmati from Rs 800-900 per maund. However, he said that input cost and other expenses had increased manifold and growers would not get anything out of sowing rice if these prices are maintained.
He said that the support price for rice should be even higher than the prices being demanded by Agri Forum as per the estimates of the Punjab government carried out during March 2012. However, paddy production might fall 20 to 25 percent through out the country if the government failed to increase the support price to a suitable level.
Chairman Agri Forum said that if basmati paddy is sold at Rs 2000 per maund then the rice should be made available to the consumer at Rs 70 per kilogram. While if non-basmati paddy is sold at Rs 1200 per maund then rice of this variety should be available for the consumer at Rs 45 per kilograms, he added.
He said if Pakistan wanted to compete India in the international rice market then it has to give growers their due rights. He said that government must help growers meeting the ever increasing prices of paddy sowing. He said that we could export 3 to 4 billion dollars rice every year by enhancing the support price.

Copyright Business Recorder, 2012

Comments

Comments are closed.