AGL 38.89 Increased By ▲ 0.87 (2.29%)
AIRLINK 206.39 Increased By ▲ 9.03 (4.58%)
BOP 9.51 Decreased By ▼ -0.03 (-0.31%)
CNERGY 6.01 Increased By ▲ 0.10 (1.69%)
DCL 8.91 Increased By ▲ 0.09 (1.02%)
DFML 37.60 Increased By ▲ 1.86 (5.2%)
DGKC 96.90 Increased By ▲ 0.04 (0.04%)
FCCL 35.30 Increased By ▲ 0.05 (0.14%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.48 Increased By ▲ 0.31 (2.35%)
HUBC 127.94 Increased By ▲ 0.39 (0.31%)
HUMNL 13.70 Increased By ▲ 0.20 (1.48%)
KEL 5.40 Increased By ▲ 0.08 (1.5%)
KOSM 7.14 Increased By ▲ 0.14 (2%)
MLCF 44.00 Decreased By ▼ -0.70 (-1.57%)
NBP 60.25 Decreased By ▼ -1.17 (-1.9%)
OGDC 215.99 Increased By ▲ 1.32 (0.61%)
PAEL 40.52 Increased By ▲ 1.73 (4.46%)
PIBTL 8.37 Increased By ▲ 0.12 (1.45%)
PPL 194.50 Increased By ▲ 1.42 (0.74%)
PRL 39.27 Increased By ▲ 0.61 (1.58%)
PTC 26.68 Increased By ▲ 0.88 (3.41%)
SEARL 106.50 Increased By ▲ 2.90 (2.8%)
TELE 8.61 Increased By ▲ 0.31 (3.73%)
TOMCL 36.10 Increased By ▲ 1.10 (3.14%)
TPLP 13.80 Increased By ▲ 0.50 (3.76%)
TREET 24.38 Increased By ▲ 2.22 (10.02%)
TRG 61.15 Increased By ▲ 5.56 (10%)
UNITY 32.95 Decreased By ▼ -0.02 (-0.06%)
WTL 1.67 Increased By ▲ 0.07 (4.38%)
BR100 11,922 Increased By 195.1 (1.66%)
BR30 36,781 Increased By 404.5 (1.11%)
KSE100 111,730 Increased By 2217.2 (2.02%)
KSE30 35,224 Increased By 710.3 (2.06%)

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.