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KARACHI:  The Fertiliser Review Committee has recommended immediate import of the earlier planned 100,000 tons of urea to avoid any shortage during the ongoing Rabi sowing season. According to the Ministry of Industries and Production, a meeting of the Fertiliser Review Committee was held where urea demand and supply position and...
KARACHI: Netherland-based Zilt Proefbedrijf has expressed intentions to establish a joint venture in the agriculture sector to tap the market for salt-tolerant plant species in Pakistan, an official at Trade Development Authority of Pakistan (TDAP) said. Referring to a meeting of Commerce Ministry officials with Zilt Proefbedrijf in Hague last...
KARACHI: Urea sales are expected to increase 24 percent year-on-year to 464,000 tons in October as demand for the key nutrient increased in the winter crop, a brokerage reported on Monday. “Higher urea sales are attributed to uptick amidst seasonal rabi crop,” analyst Shankar Talreja at Topline Securities said. In...
Bringing change to the agriculture sector is not easy. Farmers tend to stick to their age-old practices, which are less profitable and eco-friendly than new ones. Successive governments have been offering various incentives to the farming community to promote good agricultural practices (GAP). But many beneficiaries adopt new techniques and...
THE future of the Bt cotton variety seems to be hanging in the balance in Sindh as farmers struggle with declining acreage in one of their major cash crops. From water shortages, increased pest attacks, adulterated seeds and lower-than-before prices, growers find it hard to keep pace with cotton sowing. Until...
Fertiliser prices started rising following a recent gas price hike, pushing up the cost of inputs for farmers of major and minor crops. According to newspaper reports, fertiliser companies have raised urea prices by up to Rs130 per 50-kilogram bag, thus passing on the impact of the increase in natural...
LAHORE:  The Punjab government’s draft of new agriculture policy 2018 has been slammed by leading stakeholders of agri-business. The businessmen are of the view that the new policy, commissioned under the Pakistan Tehreek-e-Insaf (PTI) led government does not ensure a level playing field for domestic consumers. They believe that it will...
PESHAWAR:  The Khyber-Pakhtunkhwa (K-P) government is planning to raise the capacity of wheat storages to nearly 600,000 tons aimed at providing edible wheat at affordable rates even in a crisis-like situation. “Presently, the storage space with K-P is 400,000 tons, which will be raised to 600,000 tons in accordance with the...
LAHORE:  The provincial government is focusing on the uplift of small farmers in accordance with the vision of Prime Minister Imran Khan, emphasised Punjab Agriculture Minister Malik Nauman Ahmad Langrial. Addressing a launching ceremony of a report on ‘Creating Wealth in Smallholder Farmers Through Efficient Credit System in Pakistan’, on Monday,...
THE Punjab agriculture budget for the remaining eight months of the current fiscal is believed by some to have created unnecessary confusion for the sector. The budgetary document speaks of two block allocations — Rs15 billion for concessional loans to farmers and Rs7bn spending from the Annual Development Plan (ADP). As...

Opinion

Economy

Daronomics and its aftershocks

The former Finance Minister Ishaq Dar has finally come out to share his side of the story on what went wrong with the economy....