World Bank team discuss agri sector development
A delegation of the World Bank's Agriculture and Rural Transformation Mission led by Country Director Patchamuthu Illangovan met Punjab Chief Minister Muhammad Shahbaz Sharif, here Wednesday. Matters regarding development of agriculture sector and strengthening of markets for agriculture and rural transformation in Punjab were discussed in the meeting.
RD on import of wheat increased
The Federal Board of Revenue (FBR) has increased regulatory duty on the import of wheat from 40 to 60 percent from September 9, 2016. According to a notification issued by the FBR here on Wednesday, the FBR has amended SRO.254(I)/2015 which deals with the imposition of the RD on the import of wheat, wheat flour, Maida and Semolina.
Irregularities in olive promotion project inquiry by FIA
Parliamentarians on Wednesday expressed their reservations at Federal Investigation Agency (FIA) being tasked to investigate massive irregularities in olive promotion project without first holding an inquiry by the Ministry of National Food Security and Research (MNFS&R). They stated this while speaking at the National Assembly Standing Committee on National Food Security and Research presided over by MNA Malik Shakir Bashir Awan.
New Passco MD takes charge
Muhammad Khan Khichi has taken over the charge as new Managing Director of the Pakistan Agricultural Storage and Services Corporation (Passco). According to an official announcement here on Tuesday, Khichi took over his office the other day.
World Bank offers support for IRSA capacity building
The World Bank has offered support to Indus River System Authority for its capacity building and cut water lines losses from Tarbela dam downward to far off Kotri barrage in Sindh to conserve maximum fresh water for drinking and crop Irrigation purposes. Punjab Irrigation department sources told Business Recorder that a World Bank delegation held a meeting with IRSA on Tuesday which was attended by senior water expert of the four provinces to deliberate upon the current and future water outlook of Pakistan's water resources.
Call for allowing export of surplus urea
Chairman, Federation of Pakistan Chambers of Commerce & Industry's (FPCCI) Regional Standing Committee, Ahmad Jawad, has said the fertilizer industry is the backbone of the agriculture sector and government should allow export of surplus urea to facilitate country's exports.
Interest-free loans to be extended to 0.5 million farmers
The Punjab agriculture department has started registration of growers under 'Khushal Kissan Khushal Pakistan' scheme which is aimed at extending Rs 80 billion interest-free loans to 5,00,000 farmers having up to 12 acres of land. The registration will be carried out at tehsil land record centers, which will remain open from 4:00 pm to 8:00 pm daily for a period of one month.
Kharif crops facing irrigation water shortfall
The Indus River System Authority has forecasted two percent shortfall for current Kharif crops including cotton, rice, sugarcane, vegetables, fodder for live stock and orchards over the protected existing uses of canal water in each province under the 1991 water accord among the provinces.
FCA to fix targets for Rabi season in October
The Federal Committee on Agriculture (FCA) will meet in the third week of October to review the agriculture performance of Kharif season and fix the targets for the Rabi season 2017-18. Ministry of National Food Security and Research's official told Business Recorder that the high-powered meeting would be held under the chairmanship of Federal Minister for NFS&R Sikandar Hayat Khan Bosan in the third week of October, 2016.
DFID reaffirms support to Punjab
A provincial representative of the Department for International Development (DFID), United Kingdom, Ben French, called on LCCI Senior Vice President Almas Hyder here at the Lahore Chamber of Commerce & Industry on Tuesday.
Red chilli trade at PMEX takes another leap forward
PMEX launched Red Chilli deliverable weekly futures contracts in October 2015 of three different grades of Dandicut (Longi) variety. Though it was the first-ever listing of a spice at the Exchange, the concerted efforts of all the market participants ie growers, traders and corporate buyers enabled PMEX to achieve this milestone. During a brief trading span of three months, more than 600 tons of the spice was traded at the Exchange and delivered to the corporate buyers.
Rise in chilli exports not possible without quality seeds
Chairman Senate Standing Committee on Food Security and Research Syed Muzaffar Hussain Shah said on Tuesday that the export of chilies would not witness any substantial increase without providing quality seeds to the growers. He express these views speaking at an awareness seminar on potential of export of chilies organized by Trade Development Authority of Pakistan (TDAP) in collaboration with Sindh Agricultural Growth Project (SAGP), here at a hotel.
Seek help to enhance agriculture exports to Russia
The business community of Southern Punjab has urged upon the government to extend all possible assistance and facilitation to exporters for focusing on Russia, Central Asian states, Iran, Iraq and other countries as they offered immense untapped opportunities for boosting exports of agricultural products.
Fisheries activities at harbour yet to start
Fisheries activities at the harbour are yet to start with no offloads of a catch since one week following Eid-ul-Azha holidays, an official says that the seafood landing will resume from next Monday. The harbour officials said that the fishing activities were at a halt due to Eid holidays that would likely to restart from Monday. "Scores of vessels loaded with catch are moored at the harbor navigational channel since last Sunday for unloading", they said.
Fake fertiliser: crackdown expedited
The Sindh Agriculture Extension Department has expedited its efforts to curb the sale of spurious fertilizer on the directives of the provincial ministers Anwar Siyal and Saeed Ahmed Mangnejo. Director General (DG) Hidayatullah Chajro informed this during a meeting with the department's officers at his office, according to a press release issued here on Sunday.
Honey Processing & Packaging CFCs in Swat soon
Small & Medium Enterprises Development Authority (SMEDA) is working on the establishment of Honey Processing & Packaging Common Facility centres in Mingora, Swat. The Public Sector Development Programme (PSDP) will be completed at the cost of Rs 38.17 million. The expenditure also included capital cost of Rs 18.62 million and three-year operational cost of Rs 19.55 million.
Package for livestock farmers
The Punjab livestock and dairy development department (L&DDD) will spend a sum of Rs 350 million on 'enhancing beef production' programme for encouraging livestock farmers to rear buffalo calves to at least up to one year of age instead of getting rid of them during the first month. The department will extend financial incentives in two categories to livestock farmers to rear 45,000 calves during the financial year 2016-17 in order to enhance meat production in the province.
FPCCI urges govt. to export surplus stock of wheat
Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Regional Standing Committee Chairman, Ahmad Jawad, has stressed the need of taking immediate measure to export surplus stock of wheat otherwise it will be wasted due to insufficient and substandard storage capacities. He said that TDAP and TCP couldn't paid attention to find export markets for surplus wheat which would destabilize local market and paved way for exploitation of farmers.
Registration for interest-free agri loans from 19th
The Punjab government will start registration process for issuing interest-free loans worth Rs 80 billion to farmers from Sept 19.
TDAP, TCP fail to find markets for wheat export
Chairman Regional Standing Committee of Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Ahmad Jawad has held poor negotiation skills of Trade Development Authority of Pakistan (TDAP) and Trading Corporation of Pakistan (TCP) responsible for failing to find export markets for surplus wheat.
Mahmood Moulvi elected REAP chief
Mahmood Baqi Moulvi has been selected Chairman Rice Exporters Association of Pakistan (REAP) for the year 2016-17. A meeting of South Zone Group of REAP under the chairmanship of Abdul Rahim Janoo was held on Friday, which was attended by Mohammad Amjad, Rafique Suleman, Abdul Rauf Chappal, Irfan Ahmed Shaikh, Hamdullah Khan Tareen, M Javed Tar Mohammad, M Hussain Khandwala, Anis Majeed, Chela Ram and M Usman Shaikh.
UAF kicks off SMS service for one million farmers
The University of Agriculture Faisalabad (UAF) on Thursday kicked off short message service (SMS)for one million farmers aimed at raising awareness about balanced usage of fertilizer that will not only reduce cost of production, but also increase productivity.
KP govt. takes step towards enhancing fish output
Department of Fisheries, Khyber Pakhtunkhwa has taken a number of steps to improve and enhance fish production to boost economic activities in the province. During the last three years, reforms were initiated for promotion of community based fisheries, protection and preservation of the fish biodiversity and development of appropriate fish production technologies.
Tomato, onion, ginger prices soar ahead of Eid
A sharp increase in prices of tomato, onion, ginger, the core ingredients of kitchen, has witnessed ahead of the second ritual festival Eid-ul-Azha One-kilogram tomato has touched at Rs 80 and Rs 100 in the local market of provincial capital, according to survey conducted by Business Recorder here on Sunday.
Kisan Pkg. Steps taken to complete implementation
Secretary Agriculture Punjab Captain Muhammad Mahmud has said that steps are being taken for the complete implementation of historical Kisan Package of CM Punjab for achieving targets of agriculture sector development by providing its benefits to every farmer.
Experts should come up with viable solutions
Punjab Agriculture Secretary Muhammad Mahmood has said that agricultural researchers should come up with viable policy solutions to different problems facing the agriculture sector in order to make agriculture profitable. He was addressing at a joint meeting of Steering Committee and Council for Research and Policy at University of Agriculture Faisalabad Syndicate room.
KPCA hails consultative process on tobacco bill
Senior Vice President (SVP), Khyber Pakhtunkhwa Chamber of Agriculture (KPCA),Fazal Elahi Khan has appreciated the Senate's Standing Committee on Health for adopting a consultative process while deliberating on a private member's bill on "Prohibition of Tobacco and Protection of Non-Smokers Health Act". In a statement Khan said, "it is good that the committee members had called me to committee's meeting to share legitimate concerns of the tobacco farmers".
Endangered marine species Balochistan bans hunting
In a bid to place a legal shield to protect the fast-shrinking marine species especially sharks, the Balochistan government has banned hunting, retention, trade and marketing of all endangered fish, turtles and berried crabs. With an amendment made on Thursday, September 8 to the Balochistan Sea Fisheries Rule, 1971, the hunting, holding, marketing and trading of all threatened, protected and endangered marine species are banned throughout the provincial seawaters, it is learnt on Friday.
Diamer-Bhasha Dam acquisition of land approved
The federal Cabinet on Friday approved the acquisition of land for Diamer-Bhasha Dam and compensation rates of barren land Chilas and deferred export growth strategy to the next meeting. A meeting of the Cabinet chaired by Prime Minister Nawaz Sharif gave approval to the acquisition of land and compensation of rates for barren land at Chilas for Diamer-Bhasha Dam on a proposal of Kashmir Affairs and Gilgit Baltistan Division.
Rs 2.5 billion stormwater drain project
"Storm Water Drain project worth Rs 2.5 billion has been planned to control urban flooding during rainy season in the provincial capital," said Managing Director Water and Sanitation Agency Chaudhry Naseer Ahmed. Talking to Business Recorder, he said, the proposed drain would start from the Haji Camp Railway Station and end up on the River Ravi Bridge. The PC-I of the project has been submitted to the Planning and Development department for approval.
Ballot for subsidised agriculture machinery today
Balloting, for provision of latest agricultural implements on subsidised rates under a two year programme worth over Rs 1.16 billion, will be held today (Thursday) at union council level in each district of Punjab. The provincial government is providing agricultural machinery for cotton, wheat, paddy, maize, sugarcane and ground nut farmers in 2,486 rural union councils under the directives of the Chief Minister Punjab.
PAD launches campaign against spurious pesticides
The Punjab Agriculture Department (PAD) has launched a campaign against adulteration in pesticides and fertilisers. Pest warning & Quality Control of Pesticides wing following a raid in Lahore on a factory confiscated fake pesticides worth millions of rupees.
Five-month ban on hunting to help grow fish and shrimp
A sizeable growth in fisheries landing in the new season is expected to spur Pakistan's shrinking seafood export as the boats owners seek an increase in hunting restrictions to help rejuvenate marine species. The boats owners ask the government to extend the fishing ban period for three months (May, June and July) in summers and two months (December and January) in winters to help grow the fish and shrimp.
Importers buy 66,000 tonnes of soybeans from US
Importers have recently purchased about 66,000 tonnes of soybeans to be sourced from the US Gulf, European traders said on Monday. The soybeans are for shipment between November and December, they said.
Agriculture scientists emphasise biotechnology
Agriculture scientists have emphasized the need to promote modern agricultural trends like biotechnology to meet the food demands for ever-increasing population that may double by 2050 if current growth rate persists.
All candidates of Founders Group elected unopposed
All candidates of the ruling Founders Group for the Managing Committee of Rice Exporters Association of Pakistan (REAP) have been elected unopposed for 2016-18. Election commission comprising Ihsan ul Haq Qureshi, Naveed Pir Zada and Mian Khalid Saeed carried out scrutiny of the nomination papers of corporate and associate class candidates from North and South zones on Monday.
Rice exporters elect new executive committee
Lahore - All the candidates vying for slots in the Managing Committee of Rice Exporters Association of Pakistan (REAP) were elected unopposed in the annual elections for the year 2016 on Monday, for the term commencing from October 1, 2016 and finishing on September 30, 2018.
Govt. decides to alter PC-1 of Diamer-Bhasha dam
The Federal government has reportedly decided to alter PC-I of Diamer-Bhasha dam slightly and ensure payment of land compensation to the stakeholders in the light of an agreement signed on February, 2010, official sources told Business Recorder. The federal government had allocated Rs 32 billion under Public Sector Development Programme for the year 2016-17 for construction of Diamer-Bhasha Dam. Upon completion of the Diamer-Bhasha dam, Pakistan''s existing 30-day water storage capacity would reach 90 days.
FPMA-Punjab increases flour price
Pakistan Flour Mills Association (PFMA-Punjab) has increased the 20 kilograms flour bag price by Rs 20 after which it will be available at Rs 720 per bag instead of Rs 700 to the consumers. The Association cited hike in wheat prices in the open market as cause of this increase. A former PFMA Chairman Mian Riaz said that the price of wheat had gone to Rs 1320 per maund from Rs 1280 per maund in the open market.
Traders advised to buy Uzbek cotton
RAWALPINDI - A 12-member delegation of Uzbekistan, headed by Nodir Atajanov, deputy chairman of Uz Agro Sanoatmash Holding, visited Rawalpindi Chamber of Commerce and Industry (RCCI) on Tuesday.
The delegation showed keen interest for joint ventures and investment in Pakistan.
Punjab govt to issue cards to small farmers
The Punjab government has decided to issue Kissan Cards to small farmers to facilitate them during various subsidy packages.
Committee reviews health issues of fishermen
A committee headed by the Commissioner Hyderabad, Qazi Shahid Pervez reviewed and discussed the health issues of the fishermen of Manchar Lake here at the Deputy Commissioner's Camp Office Sehwan. The committee, formed after taking over the notice of the Supreme Court regarding prevalence of diseases particularly Hepatitis and non supply of safe water to fishermen of Manchar Lake, discussed at length the prevailing situation and prepared a report in the light of the suggestions of the elected representatives, fishermen of the lake and officers of the concerned departments.
MCCI foresees positive impact of Brexit
Multan Chamber of Commerce and Industry (MCCI) said on Sunday that Brexit was likely to have a positive impact on Pakistan's horticultural exports to Europe and particularly to the UK in the long-term and farmers of South Punjab would be able to earn maximum foreign exchange from this export.
Sindh govt. urged to ensure sugarcane procurement
The Sindh Chamber of Agriculture (SCA) has requested the Sindh Government to ensure that the sugar mills begin sugarcane procurement and crushing by October 1. The meeting of the SCA demanded that the provincial government enforce the Sindh Sugar Factories Control Act according to which the crushing season is scheduled to start from October 1 every year.
Arrangements made for supplying water Cattle market
In order to ensure supply of clean drinking water round-the-clock at Sohrab Goth Maveshi Mandi, services of Umer & Sons, leading drinking water consultants, have been obtained. 'As the Eid-ul-Azha is approaching and the number of visitors and traders has risen to manifold, we have taken experts on board for provision of quality water at different spots,' said Jahangir Chaudhry, Administrator Sohrab Goth Maveshi Mandi 2016.
The price of paddy
Paddy crop is ready for harvesting in lower Sindh, although in areas banned for cultivation, harvesting has already started. For instance, paddy from Sanghar has started reaching rice mills in upper Sindh. Farmers in upper Sindh still have at least a fortnight or so to go for crop harvesting.
Water security for drought affectees
ON Aug 16, Prime Minister Nawaz Sharif asked the chairman of the Water and Power Development Authority to expedite construction of water reservoirs across the country.When implemented the planned projects would enable the country to better meet the water requirements of various sectors of the economy and also help overcome acute shortages in the coming years.
Farmers told about on-time sowing Kharif crops benefits
The Met Office has asked the farmers of upper half of the country to finish sowing of Kharif crops on time in a bid to utilise fully the present soil moisture especially maize crop in rain-dependent areas. It warned that pest and viral attacks were expected to strike cotton and sugarcane crops during hot and humid monsoon conditions. It said farmers should be very careful and take timely precautionary measures to avoid yield loss.
Government should facilitate PARC and NARC
Chairman Regional Standing Committee of Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Ahmad Jawad has said that the government should facilitate the Pakistan Agriculture Research Council (PARC) and National Agriculture Research Centre (NARC) to strengthen the country agriculture sector which was performed below the targets from the last three years.
Indonesian delegation visits TCP
A five-member delegation comprising senior officials of Indonesia trade related organisation visited Trading Corporation of Pakistan head office and discussed bilateral trade issues. The Indonesian Ambassador to Pakistan Iwan Suyudhie Amri and the Consul General Hadi Santoso also accompanied the delegation during the visit.
ECC allows conditional export of CAN
Economic Co-ordination Committee (ECC) of the Cabinet has allowed export of Calcium Ammonium Nitrate (CAN) to fertilizer companies on the condition that they do not increase price domestically and provide an end user certificate that the product would be utilised only for agriculture purposes. Official documents available with Business Recorder revealed that the Ministry of Commerce informed the ECC on August 29, 2016 that exportable surplus of CAN and Calcium Nitrate (CN) was available with M/s Pak Arab Fertilizer which has sought permission for export of the said fertilizer.
Strict compliance can help take halal products exports
Halal meat is one of the fastest growing markets in the world, contributing around 16 percent to the total world trade, but Pakistan?s share in the sector is below actual potential, necessitating extra efforts on the part of the government to give much-needed boost to this sector.
Scrapped tractor scheme NAB to take action
National Accountability Bureau (NAB) will come into action against Sindh government yet again for reviving the "scrapped" subsidised tractor scheme allegedly tailored to dole out billions of rupees to only one group, well informed sources in NAB told Business Recorder on Thursday. Sources who attended the recent NAB''s Executive Board Meeting (EBM) told Business Recorder that the Board has been completely briefed about the pros and cons of the scheme by the Sindh government.
FBR increases value of sugar by Rs 4 per kg
The Federal Board of Revenue (FBR) has increased the value of domestically produced white crystalline sugar from Rs 56 per kg to Rs 60 per kg for assessment of sales tax. In this regard, the FBR issued SRO.812(I)/2016 on Friday. According to the notification, the sales tax value of domestically produced White Crystalline Sugar was fixed at Rs 60 per kg and value of imported White Crystalline Sugar was fixed at US $725 per MT.
GIDC waiver for fertiliser sector ruled out
To resolve the issue of outstanding amount of Rs 100 billion against various consumers on account of Gas Infrastructure Development Cess (GIDC), Senate?s special committee on Friday decided to take all the stakeholders onboard.
KBP urges government to solve farmers' problems
The Kissan Board Pakistan (KBP) has warned the Punjab government of resuming protests if the government did not fulfil its promises to solve farmers' problems within next 15 days. This ultimatum was issued by the newly elected KBP President Chaudhry Nisar Ahmad while talking to media persons here on Tuesday after the Board's General Council meeting. The Board would utilize all its resources and energies for resolving the multiple problems of the agriculture sector.
Clerical `mistake` cost farmland owners, buyers heavily
The Senate Standing Committee on Cabinet Secretariat on Tuesday observed that the Federal Board of Revenue (FBR) was charging capital value tax on agricultural farmland on the basis of per square foot instead of the square yard as was practiced in the past.
Fishermen perturbed over boat congestion
Boats congestion continues to create hurdles insides the navigational channels of Karachi fish harbour for the incoming vessels to unload seafood catch, fishermen said on Wednesday. Talking to Business Recorder, the fishermen said that the abandoned boats were still parked inside the navigational channel of fish harbour, barring vessels from sailing to the landing jetties. They said that the congestion kept incoming vessels waiting outside the harbour for hours.
Change in course of river poses threat to deodar forest
UPPER DIR: The local river has changed course that poses threat to the beautiful forest in Kumrat valley but authorities seem unconcerned about the issue.
Rs 4.2 million bid bond forfeited by TCP
The Trading Corporation of Pakistan (TCP) has forfeited the bid bond amounting to some Rs 4.2 million of a rice exporting firm as it failed to supply the commodity. Sources told Business Recorder Wednesday that despite getting a contract award letter from the state-run grain trader for supply of 10,000 tons Long Grain White Rice (IRRI-6) for China, M/s Chappal failed to supply the commodity as per the prescribed terms and conditions. Besides forfeiting the bid bond, the state-run grain trader also initiated the process of blacklisting the firm from the suppliers' list," they added.
Online purchase of sacrificial animals preferred mode
The trend of online purchasing of sacrificial animals has slowly gained momentum in the last few years, as this practice makes life easier for people in general and the privileged class in particular because they do not have time to make a trip to the market to choose from among the sacrificial animals. Generally, the privileged class rely on online orders for sacrificial animals ahead of Eid-ul-Adha to avoid the hassle of visiting the marketplace and wasting time on bargaining the prices.
Authorities move to prevent Congo virus
In the wake of incidence of Congo virus infection surfacing in parts of the country ahead of Eid-ul-Azha ? the Muslim feast of sacrifice ? authorities in Khyber Pakhtunkhwa have initiated a preventive campaign to protect public from the deadly virus.
Spray at cattle markets to prevent spread of Congo virus
The district?s Livestock Department has constituted teams to carry out spray at cattle enclosures ? in the wake of threat of ticks, mites and lice ? at entry and exit points of city.
Muddy conditions pose threat of disease at cattle market
KARACHI: For thousands of traders who herded their 130,000 sacrificial animals to the Superhighway?s makeshift livestock market where they intend to stay until Eid, the recent downpour can spell disaster if immediate measures are not taken to improve market conditions.
CCP releases comprehensive study on meat sector
The Competition Commission of Pakistan (CCP) on Wednesday released a comprehensive study on the meat sector in Pakistan for public comments, covering issues such as price monitoring and quality of meat and also exploring the growth potential of the sector.
107 arrested for violating meat holiday
District administration arrested 107 persons for selling meat in violation of the meat-holiday from different parts of the district. On the directives of the Deputy Commissioner (DC), Peshawar, Riaz Khan Mehsud, the Additional Assistant Commissioner (AAC), Bashir Ahmad inspected different restaurants in Gulburg and Charsadda and arrested 38 persons for violation of meat-holiday while AAC Imran Khan arrested 16 butchers from University Road and Tehkal for selling meat on holiday.
Bosan for observing int`l practices for exporting cotton
Minister for National Food Security and Research, Sikandar Hayat Khan Bosan on Tuesday directed to form a committee to look into the matter of bale (cotton) weight as per international practice.
Increase in prices, FED/ST may result in closure of businesses
The Senate Standing Committee on National Health Services, Regulations and Co-ordination has apprehended that any considerable increase in prices and Federal Excise Duty/sales tax on cigarettes may result in decrease in production/sales and revenue collection from documented cigarette industry and closure of businesses associated with the manufacturing and sale of the item.