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News Channel 

April 2002
 

IRSA meeting on May 7
ISLAMABAD (April 28 2002) : The Indus River System Authority (IRSA) has summoned its meeting on May 07 to finalise the controversial Thal Canal and Satpara Dam projects. Detail

Cotton remains cheerless, depressed
KARACHI: The cotton market remained cheerless and depressed even on Saturday. With all attention focused on Supreme Court verdict in Referendum case, the market lacked trading interest. Detail


Government soon to undertake big irrigation projects in Sindh: President Musharraf
NAWABSHAH -President General Pervez Musharraf has said that the government will soon undertake work on big irrigation projects in Sindh, including construction of Reni Canal and Sehwan Barrage. Detail

3 incentive slabs for growers, ginners: Taint-free cotton
KARACHI- Cotton growers and ginners will now be offered three different incentive slabs on production and processing of contamination-free cotton in coming season instead of two given in the outgoing season.  Detail

WB for tax by districts on farm incomes
KARACHI-The World Bank (WB) is prompting Pakistan to transfer income tax on agriculture from the provinces to the districts to raise revenues. Although agricultural income-tax has finally been introduced, say the WB officials but they are dissatisfied that "its yields remain small."  Detail

Agriculture marketing wings to be run on scientific lines
LAHORE -In order to run marketing wing of agriculture on scientific lines, emergent steps are being taken so that the farmers could get better price of their produce. Detail

Agriculture produce marketing, storage infrastructure plan on anvil
ISLAMABAD - The government is preparing a short-term marketing infrastructure plan to solve marketing and storage problems of agriculture produce. Detail

Trading Corporation of Pakistan buys 1,100 more cotton bales
KARACHI -The Trading Corporation of Pakistan (TCP) on Monday purchased 1,100 bales thus totalling the season's procurement about 0.4 million bales.

The TCP said that purchasing would continue both in Punjab and Sindh, and it is purchasing cotton at Rs 1,988 per 40-kg or Rs 1,855 per maund for grade equal to PCSI Grade-III and 8.5 percent moisture along with 3.8 to 4.9 NCL micronaire.

Rahimyarkhan, Bahawalpur, Haroonabad, Multan, Dera Ghazi Khan and Sukkur entered into purchase contracts for 1,100 bales on Monday.

The TCP, so far, purchased 398,964 bales, and its season's target is one million bales. Both the ginners and the farmers have been asking the government for quick buying of cotton up to one million bales as the delay is depressing prices and making them to suffer losses.
courtesy Daily Business Recorder , 24 April, 2002 

Water crises & management: Committee formed to streamline water resources
HYDERABAD -Provincial Agriculture Minister Hassan Ali Chaniho has said that a committee of experts has been constituted to prepare comprehensive plans for streamlining the management of existing water resources to offset the losses of agriculture production causing negative impact on rural economy of the province. Detail

Drip; sprinkler irrigation system to be introduced
ISLAMABAD - The government's agriculture strategy attaches high priority to solution of water shortage and introducing drip and sprinkler irrigation system in the country. Detail

Kharif crops: canal water rotation directed
LAHORE - Secretary Agriculture, Punjab, Junaid Iqbal, and Secretary Irrigation, Punjab, Jawed Majeed, have directed the field formations of their departments to plan canal water rotation for its equitable distribution during the coming Kharif season. Detail

Pak agro-based products may attract good business in Chinese market
BEIJING - Pakistan agro-based products including rice, wheat, vegetables, fruits, tobacco and raw cotton may attract good business in the Chinese market. Detail

President to be briefed on small loans to farmers
ISLAMABAD -President General Pervez Musharraf is scheduled to take the briefing on "Small Loans to Farmers" on April 22 by Agriculture Development Bank of Pakistan, sources told Business Recorder here on Saturday.

The interesting part is that this meeting was scheduled for May 22 but in the wake of Referendum has been brought forward. "The President wants to know that during the last two and a half year of what amount the loans have been given to the small farmers and if the announcement of doubling the amount can be made before the referendum", added the sources.

A decision in this regard was taken on Saturday as the GHQ asked the Finance Ministry to make the arrangements for the meeting on Monday.

courtesy Daily Business Recorder , 23 April, 2002 

Move to close Sindh Seed Corporation resented
HYDERABAD -General Secretary, Sindh Seed Corporation(SSC) Employees Union warned the provincial government that the closer of Sindh Seed Corporation, sole seed producing unit in private sector, would not only render over 250 employees but also left the farmer community on the mercy of multinational companies. Detail

Water resources to be improved to boost farm output
ISLAMABAD -A medium-term plan for radically augmenting water resources is being undertaken for sustainable development of agriculture sector in the country.Detail

President orders relief for small farmers
ISLAMABAD-President Pervez Musharraf on Monday directed Finance Ministry, Food and Agriculture Ministry and ADBP to jointly draw a relief package for small farmers with focus on drought-hit areas.Detail

Governor's remarks irk Sindh farmers
HYDERABAD-Sindh Governor Mohammadmian Soomro's remarks during a meeting with the journalists at Karachi that "the Sindh government is bound to support construction of Greater Thal Canal because it has been mentioned in the Water Accord of 1991 which has been signed by the then provincial government" has sparked a sharp reaction amongst the farming community here. Detail

Wheat procurement: State Bank asked to give credit at 12 percent to private sector
ISLAMABAD - A meeting on Monday directed the State Bank of Pakistan (SBP) to extend credit facility at 12 percent to the private sector for wheat procurement, besides offering other facilities granted to the public sector. Detail

15pc GST likely on import of farm items
ISLAMABAD- The government is likely to levy 15 per cent general sales tax (GST) on agricultural produce on their import from the financial year 2002-03. Well-placed sources told Dawn on Monday that the decision to this effect is expected to be announced in the budget of 2002-03. Detail

Dull trading on cotton market
KARACHI- Trading on the cotton market on Monday resumed on a dull note as both sellers and buyers remained locked in a battle of nerves to get an upper hand but it seems to be a no-win situation. Detail

Pakistan Atomic Energy Commission launches wasteland rehabilitation project
ISLAMABAD - Pakistan Atomic Energy Commission has launched a project to rehabilitate 25,000 acres saline wastelands of the country with the participation of the farmers at a cost of Rs 176.82 million. Detail

'Rawal Dam's water contamination increasing'
ISLAMABAD-Water quality of Rawal Dam, the major water supply source to Rawalpindi, is deteriorating with increasing contents of human and poultry refuse, warns Environment Protection Agency (EPA). Detail

Wheat procurement centre inspected
LAHORE–Punjab minister for finance and industries, Tariq Hameed paid a surprise visit to wheat procurement centre at Muridke to review the procurement arrangements there.
The minister was briefed by the staff of Punjab Food Department about the procurement arrangements of wheat and was informed that the distribution of gunny bags (bardana) has been started and bardana is being provided to the growers at the rate of Rs.50 per gunny bag.

The minister was also told about storage capacity of godowns. He went round the godowns and expressed satisfaction over cleanliness arrangements.
He directed the concerned officials to ensure wheat procurement at Rs.300 per maund. The government would procure whole wheat to be brought at the centre and farmers would be given proper price of their production, assured the minister.

courtesy Daily The Nation , 20 April, 2002

Wheat procurement to start immediately
ISLAMABAD- The government has decided to launch wheat procurement process immediately to boost market prices of the wheat protecting interests of the farmers, Shafi Niaz, Advisor to Chief Executive on Food and Agriculture said here on Friday. Detail

Musharraf offers farmers incentives
MULTAN -President Gen Pervez Musharraf announced on Friday lifting of the entire wheat stock with the growers at a support price of Rs300 per 40kg as well as one-third subsidy on power consumption by farm tubewells. Detail

Wheat price to be increased: Moin
DADU -The wheat price would be increased and all the wheat stock lying with the growers would be purchased at the government rate. This was said by the federal interior minister, Moinuddin Haider, while speaking to Nazims , Naib Nazims and councillors at the Zila council hall Dadu and public gathering at Mehar town on Friday.
Detail

Provision of land to people affected by dam ordered
ISLAMABAD-President Pervez Musharraf has instructed the provincial governors to ensure immediate provision of land to those affected by the construction of Tarbela Dam as per the distribution done by the federal government. Detail

Need to adopt bio-safety guidelines in cotton stressed
ISLAMABAD-Pakistan is likely to be left out of international cotton business in the coming years if it does not adopt bio-safety guidelines without further delay to introduce genetically-modified organisms (GMOs) for new and efficient varieties. Detail

More than 80 projects in biotechnology identified: Pak-China cooperation.
KARACHI-A four-member high-level Chinese delegation, led by vice president, Chinese Academy of Sciences (CAS), Prof. Yang Bailing, has selected 83 different projects in the field of health, agriculture and industrial biotechnology in Pakistan to enhance cooperation between the two countries, said Chairman, National Commission on Biotechnology Dr. Anwar Nasim. Detail

Water-sharing under '94 formula slammed
HYDERABAD-A meeting of the Sindh Water Committee held here on Thursday has condemned the continuation of Indus water distribution according to the disputed 1994 ministerial decision. Detail

Sugar production surpasses target
KARACHI- Indigenous sugar production would surpass the mark of 3.2 million tonnes this year that is slightly above the requirement of the country, sugar experts predicted. Detail

Deep-sea fishing to be allowed soon: Shafi Niaz
ISLAMABAD- The deep-sea fishing operation will soon be allowed, but at the same time heavy penalties as proposed by the Chairman National Fishery Development Board, would be enhanced so that vessels do not intrude into the areas beyond 35 nautical miles. Shafi Niaz, advisor to the Chief Executive Pervez Musharraf. Detail

Wheat procurement target for Punjab may be raised
ISLAMABAD-The Economic Co-ordination Committee (ECC) in its meeting here on Tuesday is likely to increase wheat procurement target by 1.5 million tonnes for the coming crop, it is reliably learnt.Detail

Punjab to get full water share from 21st: secy irrigation
LAHORE-Punjab will start receiving its full water share from April 21 under the Water Accord 1991. Punjab sacrificed some portion of its water share for Sindh as a goodwill gesture to help the growers there and now it will get back its share to utilise it for cotton crop. Detail

Punjab resumes full withdrawal of 37,000 cusecs
LAHORE-Punjab on Monday resumed full withdrawal of 37,000 cusecs, as allowed by Irsa, from the national pool - 15,000 cusecs from the Indus and 22,000 cusecs from the Mangla command. Detail

Thal canal to ruin Sindh: PML(N)
KHAIRPUR- Former governor Sindh and acting president, Sindh, PML (N) Mamnoon Hussain said that since the Thal Canal project would cause economic devastation to Sindh, therefore, the PML (N) rejects it. Detail


'Punjab has open border wheat procurement policy'

LAHORE-The Punjab Food department to ensure maximum return of produce to farmers has announced an open border wheat procurement policy, with Rs 18.75 billion earmarked for payment to growers. The procurement is to start on April 15.
Detail

Government to procure 4 million tonnes of wheat this year
ISLAMABAD - The government has decided to procure four million tonnes of wheat from farmers this year Advisor to the Chief Executive on Agriculture Shafi Niaz said on Friday. Detail

Government to ensure wheat purchase at support price
LAHORE - The Punjab Minister for Agriculture, Khurshid Zaman Qureshi, has said that the government would procure every grain of wheat from the growers and would not let anybody to purchase the wheat at less then the support price fixed by the government. Detail

Lower cotton prices fail to attract buyers
KARACHI- Trading on the cotton market on Friday was relatively dull as spinners kept to the sidelines most of time despite the fact that some of the ginners lowered their asking prices.  Detail

Pakistan gears up to export 1,000,000 tonnes wheat every year: Junejo
ISLAMABAD-Khair Muhammad Junejo, Minister for Food and Agriculture, said on Monday the government would help the private sector planning to build food grain storage facilities to enable the country to export one million tonnes of wheat every year. Detail

Water share revision tomorrow
ISLAMABAD- The Indus River System Authority (Irsa) will revise on Wednesday (April 10) the provincial water share for kharif in view of raising Mangla Dam storage level by 10 feet (from 1,202 to 1,212 feet), official sources told Dawn here on Monday. Detail

Procurement will add to surplus wheat stocks
ISLAMABAD - Procurement of entire wheat produce of current Rabi at official price will only add to the surplus wheat stocks, and ultimately end up in the destruction of a huge portion of the commodity, food department officials said. Detail

Farmers seek help of Musharraf: Low wheat price
NAUSHAHRO FEROZE - Small wheat growers have appealed to President Gen Pervez Musharraf and the Government of Sindh to intervene in the wheat procurement. Detail

Kenya to import fertilizer
ISLAMABAD- Kenya Tea Board (KTB) has agreed to import fertilizer and packaging/ packing material to bring balance in the trade of both the countries. This was stated by Federal Minister for Commerce, Industries and Production Abdul Razak Dawood in a meeting with the visiting delegation of Kenya Tea Board. Detail

Dull session on cotton market
KARACHI- Cotton market passed through another cheerless session on the week's opening session as were conspicuous by their absence despite the fact that ginners were willing sellers at the previous levels.Detail


Farmers oppose canal project before ministers
MIRPURKHAS- Growers observed protest against the construction of Thal canal in an open kutchery held by Sindh ministers for irrigation, power and agriculture in village Mohammad Hashim Bhurgari on Saturday. Detail

Cotton subdued amid moderate buying
KARACHI-The cotton market remained subdued on Saturday, owing to the spinners' reluctance to chase the rising prices'. The ginners too, got jittery after the release of the PCGA report, which gave credence to official crop estimate of 10.5 million bales. They relented in the buyers' favour to ensure speedy clearance of accumulated stocks.
Detail

World Bank assures assistance for Sindh irrigation system
KARACHI -The World Bank has assured to provide financial assistance for improving the irrigation system in Sindh so that the growers could be enabled to increase their crop production. Detail

India takes baby steps to genetically modified crops, Greens fume
BOMBAY - India's path-breaking move to allow commercial production of genetically modified (GM) cotton hybrids has raised prospects for other transgenic crops even though it could be years before most win approval, analysts say. Detail

China hands out farm quotas to private firms
SHANGHAI - China has issued the bulk of private firms' low-duty farm import quotas, including those for corn, wheat and edible oils, as part of its commitments to the WTO, traders said on Friday. Detail

Marketing, storage mechanism to be improved
ISLAMABAD -The Federal Minister for Food, Agriculture and Live Stock, Khair Muhammad Junejo, has said a practical and short-term marketing infrastructure plan is being prepared to solve marketing and storage problems of the agricultural production. Detail

Punjab Provincial Co-operative Bank allocates credit amount for Kharif
LAHORE -The Punjab Provincial Co-operative Bank Limited (PPCBL) has allocated credit amount for all the eight zones of the province for Kharif crop 2002.

According to the information released by the bank, Rs 444 million will be disbursed among the co-operative societies in Lahore zone, Rs 249m in Gujranwala zone, Rs 50m in Rawalpindi zone, Rs 176m in Sargodha zone, Rs 371m in Faisalabad zone, Rs 369m in Bahawalpur zone, Rs 590m in Multan zone, while Rs 166m will be disbursed in DG Khan zone.

The loan disbursement will continue till June 30, 2002. The bank will disburse a total of Rs 3 billion among small farmers through co-operative societies for the Kharif crop 2002 
courtesy Daily Business recorder , 6 April, 2002 

Experts fear further cut in Punjab water share
LAHORE- President Musharraf's recent directives relating to irrigation water has alarmed Punjab farmers, and agricultural experts fear further cut in the already curtailed share. Detail

Cotton policy for Balochistan announced
QUETTA -Commerce Minister Abdul Razak Dawood and Agriculture Minister Khair Mohammad Junejo on Friday announced Cotton Policy for Balochistan and assured growers continuity of incentives. Detail

Pakistan may get share in Philippine rice tender
KARACHI- Pakistan is likely to get a sizable share in the Philippines rice tender for 390,000 tons. This was stated by Trading Corporation of Pakistan chairman Syed Masood Alam Rizvi while talking to APP on telephone from Manila on Friday. Detail

Dull trading on cotton market
KARACHI- Quieter conditions prevailed on cotton market on Friday as spinners kept to sidelines most of the session and did not make fresh commitments. Detail

Iraq keen to import food grains
KARACHI - Iraq is keen to upgrade trade relations and make Pakistan one of the main supplier of food grains as well as equipment needed to rehabilitate its economy. Detail


Huge quantity of wheat destroyed owing to poor safety measures
KARACHI-Poor safety arrangements at government god owns destroyed wheat worth millions of rupees and the authorities feared that more wheat would be destroyed if proper arrangements were not taken. Detail 


Syria keen to buy fertiliser, wheat, rice

ISLAMABAD-Pakistan and Syria on Thursday agreed to further enhance and strengthen the existing trade cooperation between the two countries with the latter showing interest in Pakistani products like fertilisers, wheat, rice and sugar. "Syria needs fertilisers, wheat, rice and sugar from Pakistan and we are looking what we can supply from these products," Commerce Minister Abdul Razak Dawood told APP after the signing of a Protocol Agreement between the two countries at the conclusion of the fourth session of Pakistan-Syria Joint Ministerial Commission (JMC) here. Detail

PCSIR to help industries raise export
KARACHI-The Pakistan Council of Scientific and Industrial Research (PCSIR) will provide necessary assistance and technical facilities to the industrial sector to enhance productivity and export. The project is one of various programmes of the National Commission on Science and Technology (NCST) for speeding up economic growth through the application of science and technology. Detail

Hike in onion, tomato prices short-lived
ISLAMABAD: The present hike in the prices of onion and tomato is short-lived, the situation is expected to improve with harvest from Sindh and Punjab provinces in coming few weeks. According to official sources the onion crop is under stress because of low supplies from Sindh but the country will be soon having sufficient stocks for exports because Pakistan is net exporter of onion. Detail

Prices ease on higher Phutti arrivals
KARACHI-Cotton prices on Thursday eased slightly from the previous levels amid fears that higher arrivals of phutti into the ginneries could work against the underlying sentiment in the coming sessions.  Detail

Phutti arrival increases
KARACHI- Phutti arrival from fields into ginneries made a maiden increase of 0.31 per cent for the current season as indicated by figures up to March 31, 2002, released by the Pakistan Cotton Ginners Association (PCGA), here on Thursday. Detail

Kenya Tea Board team due today
KARACHI- A delegation of the Kenya Tea Board (KTB) is scheduled to arrive today (Thursday), which will hold a meeting with the Pakistan Tea Association (PTA). Detail

WB mission, PARC discuss agri scenario
ISLAMABAD: A five-member World Bank mission held discussions with chairman Pakistan Agriculture Research Council (PARC) Dr Badruddin Soomro and his team of executive members, on the current agriculture scenario and future government policies on the restructuring of entire farm sector research system of the country.Detail

Prices rise on cotton market
KARACHI- Cotton prices on Wednesday rose modestly in sympathy with international markets amid fresh buying offers from the spinners and the mills followed by report of pressure on the supply of quality lots. Detail

Iraq to buy sugar, fertilizer plants
ISLAMABAD- Iraq has agreed to purchase sugar and fertilizer plants from Pakistan and set up its own flour mills in Karachi for import of finished products instead of wheat.
Detail


Govt cannot purchase unsold rice stock
KARACHI- Sindh Governor Mohammedmian Soomro said on Tuesday the government could not purchase unsold rice stock lying with growers and millers as it carried huge financial implications. Detail

Brisk trading on cotton market
KARACHI- Firm trend was witnessed on the cotton market on Tuesday as spinners made an extensive covering purchases amid a briskly traded session. About 12,000 bales including some big lots changed hands. Detail


Farm bank in private sector suggested

KARACHI - The Governor of Sindh Mohammedmian Soomro on Tuesday suggested that an agriculture bank in private sector be established to supplement government efforts for increasing farm production of all major cash crops. Detail


Sindh govt to purchase less wheat under new procurement policy

KARACHI-The Sindh government has changed its procurement policy and decided to reduce the purchase of wheat from 0.7 million to 0.3 million tonnes in current season with the rate of Rs 300 per 40kg. Sources disclosing this to The News said that the Sindh Food Department also decided to close its 250 procurement centers in the province. Detail

Punjab to experience 22pc water shortage
LAHORE-The Punjab will suffer an overall 22 per cent water shortage during the six-month Kharif season, with water scarcity touching a whopping 44 per cent during the first three (cotton-sowing) months - April, May and up to June 10. Detail

Cotton market lacks lustre
KARACHI- Trading on the cotton market on Monday resumed on an insipid note as spinners were not inclined to make bigger commitments apparently in a bid to maintain a status quo in regard to selling prices. Detail

Rice export falls by 20pc during 9 months
KARACHI-The country's rice export has declined by 20 per cent or $67.1 million to about $266.68 million during the first nine months of the current fiscal year. According to statistics, Pakistan's rice export was estimated at $333.68 million during July-March 2000-2001. Detail

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