Pak­istan's 80pc ex­ports linked to agri­cul­ture: PBIF

The Pak Banker - - NATIONAL -

Pres­i­dent Pak­istan Busi­ness­men and In­tel­lec­tu­als Fo­rum (PBIF), Pres­i­dent AKIA, Se­nior Vice Chair­man of the Busi­ness­men Panel of FPCCI and for­mer pro­vin­cial min­is­ter Mian Zahid Hus­sain de­manded greater fo­cus on agri­cul­ture as eighty per­cent ex­ports of coun­try are linked to agri­cul­ture.

Devel­op­ment of agri­cul­ture sec­tor is linked to pros­per­ity of farmer which should not be put on the back burner, he said.

Mian Zahid Hus­sain said that 69 per­cent of cul­tivable land is lo­cated in Pun­jab where 80 per­cent cot­ton, 63 per­cent sugar cane, sur­plus wheat and rice and other prod­ucts are pro­duced there­fore this prov­ince should get ex­tra at­ten­tion.

He said that the agri­cul­tural pro­duc­tion is not sat­is­fac­tory de­spite the 341 bil­lion farm­ers pack­age an­nounced by the Prime Min­is­ter in Novem­ber last year.

The ex­ports of rice, cot­ton and tex­tiles con­tinue to fall while pro­duc­tion of yarn and cloth is un­sat­is­fac­tory call­ing for at­ten­tion of the au­thor­i­ties.

He said that dwin­dling agri­cul­ture, low com­mod­ity prices and col­lapse of cot­ton crop has re­sulted in re­duced de­mand of trac­tors by 47 per­cent which is alarm­ing.

He said that the price of a 50 kg bag of urea is 200 ru­pees more in coun­try as com­pare to in­ter­na­tional mar­ket which should be bal­anced lest it dis­cour­age farm­ers and hit pro­duc­tion.

Agri­cul­tural devel­op­ment is also linked to re­duced in­put prices, qual­ity seed and pes­ti­cides, and loans for which we lack a trans­par­ent and ef­fec­tive sys­tem putting grow­ers on the mercy of loan sharks.

The qual­ity of life of planters should be im­proved with in­ter­ven­tion to boost share of agri­cul­ture in GDP which is hov­er­ing around 22 per­cent so that food se­cu­rity situation can be im­proved.

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