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MULTAN: At least 14 districts across Southern Punjab — the wheat and cotton belt of the country — have seen large scale damage to standing crops due to hailstorms and gale force winds seen recently. The district authorities are still in the process of assessing the scale of the damage,...
ISLAMABAD:  The government has estimated the country’s wheat production at 25.16 million tons in the 2018-19 Rabi crop sowing season. The estimate came in a meeting of the Federal Committee on Agriculture (FCA), chaired by Federal Minister for National Food Security and Research Sahibzada Muhammad Mahboob Sultan. The FCA, which was tasked...
FAISALABAD: Despite assurances that the government would not allow export of yarn, the media campaign by the Textile Division has hurt the entire value-added textile sector, said a body of hosiery manufacturers and asked the government to reverse the decision to save national exports from another crisis. Calling it an anti-industry...
The Federal Cabinet, which is scheduled to meet on Tuesday (tomorrow) with Prime Minister, Imran Khan, in the chair will accord approval to wheat procurement and export policies for 2019. Though provincial governments have already announced their wheat procurement policies, the Ministry of National Food Security and Research held...
The federal government has decided to review fertilizer price mechanism after witnessing current "unjustified" increase in urea prices by the local fertilizer industry which is already making huge profits, sources close to Secretary Industries and Production told Business Recorder. The decision was taken by the Economic Coordination Committee (ECC) of...
SAHIWAL: The food department is running a 10-day-long drive to distribute 1.8 million gunny bags among the wheat growers of Sahiwal district that will conclude on April 17. This was stated by Punjab Food Director Dr Zafar Iqbal who visited different wheat procurement centres at Harappa, Dad Fityana and Kassowal...
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday directed the Ministry of National Food Security to take practical measures to arrest the current spike in food inflation. With a view to fixing the wheat procurement targets and financial requirements to this effect, the food ministry had convened...
IN Pakistan’s context, rice statistics are pretty impressive. Sown on 2.89 million hectares (about 10 per cent of total cropping area), it earned $2 billion (around 8pc of export income) for the country. Put it in the agricultural context, it is second to wheat in acreage and, in economic terms,...
THE procurement of wheat has always been a hassle for farmers in Sindh. Successive governments have been unable to establish a system where public money, in the shape of the support price, reaches small and medium farmers so that they are not exploited by market forces. While the Kharif season...
MULTAN:  The use of low-quality seed is a major cause of the decline in the production of pulses in the country. An amount of Rs102 billion is being spent annually to import the commodity. Besides, selection of marginal soil (less fertile-deserts), lack of mechanisation, water shortage, and poor marketing system are...

Opinion

imf

IMF package

There are reports that an agreement with the IMF to support Pakistan with a ‘bailout package’ in the range of $6 to $8 billion...