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KARACHI: Kinnow growers have rejected the purchase price of Rs600 per 40 kilogrammes offered by fruit exporters and processing factories for the export season 2019-20. Kinnow orchard owners demanded that the authorities concerned address their grievances and announce reasonable prices for citrus purchase in light of the rising inflation, said FPCCI...
ISLAMABAD: Japan on Monday announced grant aid worth around five million dollars to support agri-food and agro-industry development in Khyber Pakhtunkhwa and Balochistan. The grant amount will be utilised by United Nations Industrial Development Organization (UNIDO) to pilot the enhancement of productive and compliance capacities of relevant actors in the...
KARACHI:  Despite a notable surge in financing by banks to the agriculture sector, it largely failed to help farmers improve output of crops due to water scarcity in fiscal year ended June 30, 2019. Financing to the sector jumped 21% to Rs1,174 billion in fiscal year 2018-19. The State Bank of Pakistan...
THE dream of clean cotton will remain elusive owing to a lack of political will on the part of successive governments, the discouraging attitude of industrialists and a host of other factors. The issue of cotton contamination has been plaguing the sector for decades, causing losses to the national exchequer...
KARACHI: Urea sales are expected to remain flat at 499,000 tons in July compared with the corresponding month a year earlier, but its production is likely to increase 17 percent on resumption of gas supply to fertiliser makers, a brokerage reported on Thursday. Urea sales stood at 497,000 tons in...
The rate of cotton increased by Rs 200 to Rs 300 per maund. The trading volume increased due to the forecast of rains and long Eidul Azha holidays. The increasing trend in the rate of New York Cotton was seen after the news of reducing economic conflict between China...
KARACHI:  Pakistan’s economy is in turmoil. Economic managers have long been engaged in efforts to pull the country out of this crisis, by foreign borrowing and assistance from global agencies. mangoes But what if the answer to all the troubles was not this complicated. What if all we had to do...
KARACHI: Sales of urea increased 5% to 2.87 million tons in six months ended June 30, 2019 as farmers purchased the fertiliser in advance ahead of likely increase in prices. “Urea offtake depicted growth on the back of pre-buying by dealers/farmers amid expected hike in prices as the government was set...
KARACHI: The tenure of repayment on financing for development loans in crop and non-crop sectors has been doubled to 10 years, the State Bank announced on Wednesday. In a circular to banks with amendments in Prudential Regulations for Agriculture Financing, the SBP said that the maximum repayment tenure of development...
KARACHI: Earnings of Honda Atlas Cars took a massive hit in the quarter ended June 2019 as profits dived 77% on the back of declining revenues. The company reported after-tax profit of Rs241.7 million in the quarter ended June 30, 2019 compared to Rs1.05 billion in the same period of previous...

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development

Pakistan’s key development thinkers

Key Thinkers on Development is the title of a book just published by Routledge of London. It has been edited by David Simon. Out of...