In­vest­ment on farm­ers to in­crease GDP growth, says FPCCI

The Pak Banker - - NATIONAL -

Fed­er­a­tion of Pak­istan Cham­bers of Com­merce and In­dus­try (FPCCI) on Mon­day high­lighted the need for en­hanc­ing bud­getary al­lo­ca­tions in the agri­cul­ture sec­tor with an ul­ti­mate goal to boost the Gross Do­mes­tic Prod­uct (GDP) growth.

"Farm­ers were an en­gine of growth for the agro-based economies like us and those coun­tries who in­vested on their farm­ers they ac­tu­ally in­vested for its own to in­crease the GDP growth," Re­gional Stand­ing Com­mit­tee Chair­man of FPCCI Ah­mad Jawad said. Jawad said gov­ern­ment may in­crease the budget al­lo­ca­tion in the com­ing budget 2016-17 so that we may sta­ble the GDP growth, said a press re­lease. He how­ever floated fol­low­ing budget pro­pos­als for the gov­ern­ment through Spe­cial As­sis­tant to Prime Min­is­ter on Rev­enue Ha­roon Ak­thar in a group meet­ing at FBR House. He said the Gov­ern­ment may for­mu­late Horticulture Ex­port Pol­icy in con­sul­ta­tion with stake­hold­ers on the pat­tern sim­i­lar to the Tex­tile Pol­icy. He said Gov­ern­ment should make budget al­lo­ca­tion for pro­mot­ing Hy­brid Seed In­dus­try in Pak­istan in pub­licpri­vate part­ner­ship (PPP) mode and food pro­cess­ing and value ad­di­tion in­dus­try such as fruit pulp and con­cen­trate ex­trac­tion as com­mon fa­cil­ity cen­ters in PPP mode.

Agro-pro­cess­ing in­dus­try in PPP mode such as Fruit De­hy­dra­tion and In­di­vid­ual Quick Freeze. This will help in re­duc­ing post har­vest losses and in­creas­ing hor­ti­cul­tural ex­ports. Es­tab­lish­ment of cool chain in­fra­struc­ture for the horticulture sec­tor in PPP mode which is vi­tal for re­duc­ing post-har­vest losses, in­creas­ing shelf-life of the pro­duce and en­hanc­ing ex­ports. Es­tab­lish­ment of ac­cred­ited com­mon fa­cil­ity cen­ters in PPP mode for com­pli­ance of in­ter­na­tional food safety stan­dards in the fruit pro­duc­ing hubs. This is vi­tal for en­hanc­ing hor­ti­cul­tural ex­ports es­pe­cially to take ad­van­tage of Pak­istan's GSP Plus Sta­tus. Es­tab­lish­ment of ac­cred­ited test­ing lab­o­ra­to­ries at horticulture pro­duc­tion hubs to en­sure good qual­ity pro­duce avail­abil­ity for ex­ports. In­ter­na­tional ac­cred­i­ta­tion of ex­ist­ing food safety com­pli­ance cen­ters such as ( 1) PARAS Foods (Pvt.) Lim­ited La­hore; and ( 2) Pak­istan Hor­tifresh (Pvt.) Ltd which runs un­der Pak­istan Horticulture De­vel­op­ment and Ex­port Com­pany (PHDEC).

Gov­ern­ment should iden­tify new ex­port mar­kets and sign pro­to­cols and agree­ments to re­move bot­tle­necks for en­hanc­ing ex­ports of agri­cul­ture and its al­lied sec­tors.

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