Tag: agriculture

  • Punjab cabinet approves annual budget 2022-23

    Punjab cabinet approves annual budget 2022-23

    On Monday, the provincial cabinet adopted the annual budget for the fiscal year 2022-23, as well as yearly development funds.

    The cabinet passed a Rs 3.226 trillion budget bill for 2022-23 with approval of amended estimates for 2021-22 at a meeting chaired by Punjab Chief Minister Hamza Shehbaz.

    In addition to raising pensions, the meeting approved an increase in salary for provincial employees. Employees were also approved for a 15 per cent special allowance.

    A memorandum of understanding (MoU) for delivering free drugs to cancer patients across the province was approved at the session.

    The meeting also ratified the decisions made at the Punjab cabinet’s previous meeting.

    The chief minister praised the work of provincial ministers, the chairman of the planning and development committee, the secretary of finance, and other authorities in creating the best budget documents.

    He stated that the budget included concrete steps to provide true relief to the public.

    The cabinet has approved a Rs164.26 billion budget for infrastructure development projects. A total of 177 billion rupees has been set allocated for the development of roads.

    In the meantime, the cabinet authorised a planned allocation of Rs164.26 billion for infrastructure development projects. One hundred and seventy-seven billion rupees has been set aside for road construction.

    According to the records, Rs27.63 billion has been put aside for irrigation, Rs5 billion has been set aside for energy, and Rs41.4 billion has been set away for production.

    The provincial finance ministry has proposed allocating Rs29.5 billion for public buildings, as well as more than Rs21 billion for urban development.

    The government of Punjab has set aside Rs14.77 billion for agriculture, Rs4.5 billion for forests, approximately Rs1 billion each for wildlife and fisheries, and nearly Rs4 billion for the livestock and dairy sectors. While Rs6.2 billion has been set aside for governance and information technology (IT).

  • PM Shehbaz directs to eliminate taxes on raw materials used by export industries

    PM Shehbaz directs to eliminate taxes on raw materials used by export industries

    Prime Minister (PM) Shehbaz Sharif, urged authorities to abolish all taxes on raw materials used in the export industry and to set up task teams to attract investment in a variety of local industries.

    The new government has been attempting to put in place a long-term plan to resuscitate Pakistan’s struggling economy, with the premier reaffirming his plea for increased exports to alleviate the country’s growing cash constraint yesterday.

    The premier met with a team from the American Business Council, which included officials from the pharmaceuticals, food processing, IT, e-commerce, retail, textile, sports, and logistics sectors, according to APP.

    Federal ministers Syed Naveed Qamar, Makhdoom Murtaza Mahmood, and Marriyum Aurangzeb were also present at the meeting.

    Task groups were constituted by the prime minister to solicit investments in a variety of areas. Tourism, pharmaceuticals, information technology, e-commerce, large-scale manufacturing, and agriculture will all have task teams constituted.

    He reminded the team that the government was working hard to guarantee that high-quality agricultural products were produced for export. The government was pushing for policy consistency for the first time, he said, because “subjects of the national economy and public welfare are above politics”.

    Shehbaz Sharif also asked the secretary of trade and the secretary of the Board of Investment to guarantee that the investors’ concerns were addressed immediately, and he requested a compliance report within a week.

    Business representatives, on the other hand, told state media that government initiatives had helped them regain investor confidence, and that the pre-budget dialogue with stakeholders was a “positive step”.

    PM Shehbaz has called all stakeholders to get together on Tuesday, ahead of the budget declaration on June 10, to finalise a long-term plan to rebuild the ailing economy. Top businessmen, agriculturists, and economists attended the day-long pre-budget meeting, where they offered advice on how to lift the country out of its unparalleled economic crisis.

    During the meeting, the premier pledged that their suggestions would be taken into consideration and that separate plans for agricultural, industrial, and financial expansion would be developed.

    PM Shehbaz also stated that political stability cannot be attained without economic stability and that it was past time for the elite class to make sacrifices and for non-productive assets such as real estate to be taxed. He advised businesses to invest in renewable power rather than relying on the country’s vast coal reserves for power generation.

    The prime minister also emphasised the importance of reducing imports while increasing exports, assuring attendees of the government’s full support in expanding local business and eradicating any barriers.

  • A Chinese company will invest $50 million to enhance Pakistan’s agricultural sector

    A Chinese company will invest $50 million to enhance Pakistan’s agricultural sector

    Optima Integration Group of China and Asia Pak Investments of Pakistan agreed on May 23 to invest $50 million in the first stage to enhance agriculture, power, and logistics sector in Gwadar and Karachi.

    The Board of Investment (BoI) facilitated the signing of a memorandum of understanding (MoU) in this respect between the two businesses, which may result in the creation of more than 100 job vacancies in Gwadar and Karachi, as well as the establishment of a high-tech processing facility and technology transition.

    The event was attended by Federal Minister Board of Investment Chaudhry Salik Hussain, who signed the MoU with Optima Integration Group Chairman Sam Siu and Chief Executive Officer of Sino Pak Optima Technologies (SPOT) in the spirit of strengthening business-to-business (B2B) agricultural collaboration among the two nations. Ms Fareena Mazhar, Secretary of the BoI, was also present at the occasion.

    Under the terms of the agreement, the two parties would establish an end-to-end supplier base for seafood [79 breeds of fish have been certified for exporting from Pakistan to China by the General Administration of Customs of the People’s Republic of China (GACC)].

    In the long term, the initiative would grow from fish to beef and goat, beginning with cold chain transporting beef and then expanding with Chinese standard breeding, feedlot operations, immunizations, track and trace technologies, and slaughter and pack facilities in Karachi.

    Read more: SBP hikes interest rate by 150 basis points to control inflation

    Addressing the gathering, Minister Chaudhry Salik Hussain praised the Chinese government’s involvement in Pakistan’s agriculture and livestock sectors, notably the fish and seafood business.

    He briefed the attendees regarding the formation of the Pakistan-China Business and Investment Forum (PCBIF), which was the outcome of a collaboration between the BoI, the Chinese Embassy, and the All-Pakistan Chinese Enterprises’ Association (APCEA). He informed Chinese investors that the BoI would take deliberate steps to assist interested investors.

  • PM Khan’s pet project River Ravi declared illegal by LHC

    PM Khan’s pet project River Ravi declared illegal by LHC

    The River Ravi Urban Development Project, which is considered a pet project of Prime Minister Imran Khan, has been declared illegal by the Lahore High Court (LHC). The court ordered its construction to be halted immediately.

    The verdict was announced by Justice Shahid Karim. “The Section 4 of the Ravi Urban Development Authority Act, 2020, is against the Constitution,” said the court and added that the land was not acquired legally.

    Section 4 of the Ravi Urban Development Authority Act, 2020:

    “The government shall, by notification in the official Gazette, establish an Authority to be known as the Ravi Urban Development Authority for carrying out the purposes of this Act.”

    “The authority shall be a body corporate, with perpetual succession and a common seal, with powers, subject to the provisions of this Act, to acquire and hold property, both movable and immovable, and may by the said name, sue and be sued. The Government shall review the performance of the Authority and may, from time to time, give general policy directions to implement such directions.”

    “The loans for the project have been borrowed illegally,” the bench said. Justice Shahid Karim added that the Ravi authority immediately repay the loan of Rs5 billion it took from the Punjab government for the project. The court also observed that environmental laws have been ignored in the Ravi River Urban Project,

    The Ravi UrbanDevelopment Authority was inaugurated by Prime Minister Imran Khan in August 2020.

  • Inflation hike up to 11.5pc, highest in 20 months

    An increase in consumer prices continued as inflation rises up to 11.5 per cent from 9.2 per cent in November, the highest increase in the past 20 months due to a record hike in fuel prices last month, reports Dawn. This has been revealed by Pakistan Bureau of Statistics (PBS) data.

    Inflation measured by the Consumer Price Index (CPI) increased to its highest level in 20 months.

    Prices of fresh vegetables, fruits, and meat have also shown a significant increase in major urban and rural centres.

    The average inflation during the July-November period rose to 9.32 per cent on a yearly basis.

    Currently, the government aims to increase agriculture productivity for food security and self-sufficiency to counter food inflation by offering Agri-loans.

    The finance division in its recent report claimed that taking into account new price impulses in November and the low base effect, inflation would remain between 8.5 and 9.5 per cent, but the November inflation has already surpassed the projected figure.

  • ‘Victory against injustice’: Rahul Gandhi’s response to Modi’s U-turn on controversial farm laws

    Indian Prime Minister (PM) Narendra Modi has taken a U-turn by announcing that his government will repeal three controversial agricultural reform laws, which set off huge protests across India by the farmers.

    “Today I have come to tell you, the whole country, that we have decided to withdraw all three agricultural laws,” announced Modi.

    “In the parliament session starting later this month, we will complete the constitutional process to repeal these three agricultural laws.”

    “I appeal to all the farmers who are part of the protest … to now return to your home, to your loved ones, to your farms, and family. Let’s make a fresh start and move forward,” said the Indian prime minister.

    “Friends, I apologise to the countrymen and want to say with a clean heart and conscience that we must have fallen short in our efforts to explain (the benefits of the farm laws) to a section of the farmers.”

    Rahul Gandhi, leader of the Congress party, took to Twitter and wrote, “Congratulations on this victory against injustice!”

    In a high-profile protest against controversial agricultural reforms, tens of thousands of farmers drove a convoy of tractors festooned with brightly-coloured flags through the outskirts of India’s capital of New Delhi on the country’s Republic Day, January 26.

    Three laws pertaining to agriculture and farming were passed in India, which the farmers said would affect their livelihood. Modi billed these laws as necessary to modernise Indian farming.

  • ‘Pakistan can be partners in peace with US but never in conflict’: PM Imran Khan

    ‘Pakistan can be partners in peace with US but never in conflict’: PM Imran Khan

    Speaking at the budget session of the National Assembly (NA), Prime Minister Imran Khan once again reiterated, “Pakistan could be partners with the United States in peace but never in conflict.”

    PM gave his speech the day after the government smoothly passed Finance Bill 2021-22.

    The premier further added, “When we gave so many services, did they (US) praise us or acknowledge our sacrifices? Instead, they called us a hypocrite and blamed us. Instead of appreciating us, Pakistan was bad-mouthed.”

    “I have never felt more insulted than when Pakistan decided to join the US war on terror. We decided to become a frontline state for the American war on terror. I questioned repeatedly: what did we have to do with the war?”

    “Does any country get involved in another’s [war] and lose 70,000 lives?” he asked. “What they (US) said, we kept doing. Musharraf said in his book that he took the money [from the US] and sent people to Guantanamo.”

    The premier termed it as the “darkest period of our history” when Pakistan did not know which was a friendly country and which was not. “Have you heard of a friendly country carrying out attacks and drone strikes in your country?”

    In an apparent reference to Muttahida Qaumi Movement (MQM) founder Altaf Hussain, PM asked: “A terrorist is sitting in London for 30 years. Will they give us permission to attack him? If they will not give permission then why did we? Are we subhuman or half-human or do our lives not have enough value?”

    The prime minister said that in a meeting of the US Senate, an American commander had claimed that the Pakistan government did “not tell the truth” to its citizens. “We disrespected ourselves, the world did not disrespect us.”

    He said that overseas Pakistanis had to hide their faces after the raid by US Navy Seals in Abbottabad in which Osama Bin Laden was killed because “our ally did not trust us enough to carry out the attack”.

    The premier warned that a “very tough time” was coming for Pakistan in view of the situation in Afghanistan. He said he was thankful that the US had recognised there was no military solution to the conflict in the neighbouring country but it should have done so earlier.

    “Afghanistan has never accepted interference from outside. If we were proactive and a self-respecting government, stood up and said [the US] is wrong, then we would have protected them (Afghans).”

    The premier clarified that Pakistan did not want to have favourites or choose sides, insisting “whoever Afghan people choose, we are with them”.

    PM Khan invited the Opposition to work with the government on election reforms. “After 1970, all elections have been controversial,” he said.

    PM Khan said the recently held by-polls and Senate elections were made controversial as well.

    He said the government had been considering ways to make the elections acceptable to all the parties, and reminded the Opposition that election reforms would benefit democracy.

    “The time has come to make the country’s elections acceptable to everyone,” he said.

    He recalled that when he wanted to give a speech in parliament after being elected prime minister, the Opposition refused to allow him to speak claiming that the election had been rigged. “When Trump claimed the same, the media asked him to give proof.”

    “We did the same in 2013. We had asked the then government to hold recounting in four constituencies. We had to approach the court and as a result in all four constituencies, rigging was proved.”

    “After trying our best, we came to the conclusion that EVMs (electronic voting machines) are the only solution,” he said.

    The premier said his government was “ready to listen” if the Opposition had any other “advice” regarding the electoral reforms.

    The premier said if the country steps back from this aim, then there would be “no justification for Pakistan’s existence”.

    PM Imran Khan said that the budget reflected the PTI’s three core principles — justice, humanity, and self-sufficiency and praised his financial team for ensuring the budget embodies all three.

    He said that when the PTI government came to power, the country’s biggest problem was the current account deficit. “[Pakistan] had the biggest deficit in history, which means our currency was in danger. Our team was new and we had no experience … We took many difficult steps to stabilise our economy which were painful.”

    The premier thanked countries like the UAE, Saudia Arabia, and China for “protecting us from defaulting”.

    The premier lauded National Command and Operations Centre (NCOC) chief Asad Umar and Special Assistant to Prime Minister on Health Dr Faisal Sultan, the Pakistan Army, and others involved in curbing the spread of coronavirus.

    “The Opposition attacked us, we were criticised for two months for no lockdowns,” he recalled.

    PM Imran Khan said Pakistan’s coronavirus situation was better as compared to countries in the region and it was “due to Allah’s blessings and the poor people’s prayers”.

    He cited the government’s “protection” of agriculture as well as record crop production for the 3.9 per cent economic growth rate in fiscal year (FY)22.

    “We incentivised export industry and it grew 17 per cent in one year. Our exports in June were $2.7 billion, which is an all-time record for the month in Pakistan,” added PM Khan.

    “We held negotiations with the construction industry and tried to give them incentives because when [that industry] starts running, then 30 related industries also start running,” he added.

    Pakistan was moving towards becoming an Islamic welfare state for the first time, said PM Khan.

    “By next month, we will have data on all income levels of families and according to that, the lowest 40-50pc families will be brought under the [government’s social welfare] programme. We have dedicated Rs500bn for them,” he said, disclosing that it would include interest-free loans, health cards, technical education, low-cost housing, and scholarships.

    A day earlier, the National Assembly had passed the budget for the fiscal year 2021-2022, with a majority vote amid a dismal showing by the Opposition.

    PM gave his speech the day after the government smoothly passed Finance Bill 2021-22.

    The premier further added, “When we gave so many services, did they (US) praise us or acknowledge our sacrifices? Instead, they called us a hypocrite and blamed us. Instead of appreciating us, Pakistan was bad-mouthed.”

    “I have never felt more insulted than when Pakistan decided to join the United States war on terror. “We decided to become a front line state for the American war on terror. I questioned repeatedly, what did we have to do with the war?” said PM Khan.

    “Does any country get involved in another’s [war] and lose 70,000 lives?” he asked. “What they (US) said, we kept doing. [Former president Pervez] Musharraf said in his book that he took money and sent people to Guantanamo [Bay jail].

    The premier termed it as the “darkest period of our history” when Pakistan did not know which was a friendly country and which was not. “Have you heard a friendly country doing attacks and drone strikes in your country?” he asked.

    “A terrorist is sitting in London since 30 years. Will they give us permission to attack him?” he questioned in an apparent reference to Muttahida Qaumi Movement (MQM) founder Altaf Hussain.

    “If they will not give permission then why did we? Are we subhuman or half human or do our lives not have enough value?” he said angrily.

    The prime minister said that in a meeting of the US Senate, an American commander had claimed that the Pakistan government did “not tell the truth” to its citizens. “We disrespected ourselves, the world did not disrespect us.”

    He said that overseas Pakistanis hid their faces after the raid by US Navy Seals in Abbottabad in which Osama Bin Laden was killed because “our ally did not trust us enough to carry out the attack.”

    The premier warned that a “very tough time” was coming for Pakistan in view of the situation in Afghanistan. He said he was thankful that the US had recognised there was no military solution to the conflict in the neighbouring country but it should have done so earlier.

    “Afghanistan has never accepted interference from outside. If we were proactive and a self-respecting government stood up and said [the US] is wrong, then we would have protected them (Afghans).”

    The premier clarified that Pakistan did not want to have favourites or choose sides, insisting “whoever Afghan people choose, we are with them.”

    PM Khan invited the Opposition to work with the government on election reforms. “After 1970, all elections have been controversial,” he said.

    PM Khan said the recently held by-polls and Senate elections were made controversial as well.

    He said the government had been considering ways to make the elections acceptable to all the parties, and reminded the Opposition that election reforms would benefit democracy.

    “The time has come to make the country’s elections acceptable to everyone,” he said.

    He recalled that when he wanted to give a speech in parliament after being elected prime minister, the opposition refused to allow him to speak claiming that the election had been rigged, adding, “When [former United States president Donald] Trump claimed the same, the media asked him to give proof.”

    “We did the same in 2013. We had asked the then government to hold recounting in four constituencies,we had to approach the court and as a result in all four, rigging was proved.

    “After trying our best, we came to the conclusion that EVMs (electronic voting machines) are the only solution,” he said.

    The premier said his government was “ready to listen” if the opposition had any other “advice” regarding the reforms.

    The premier said if the country steps back from this aim, then there would be “no justification for Pakistan’s existence”.

    PM Imran Khan said that the budget reflected the PTI’s three core principles — justice, humanity, and self-sufficiency and praised his financial team for ensuring the budget embodies all three.

    He said that when the PTI government came to power, the country’s biggest problem was the current account deficit. “[Pakistan] had the biggest deficit in history which means our currency was in danger. Our team was new and we had no experience … We took many difficult steps to stabilise our economy which were painful.”

    The premier thanked countries like UAE, Saudia Arabia and China for “protecting us from defaulting”.

     The premier lauded National Command and Operations Centre (NCOC) chief Asad Umar and Special Assistant to Prime Minister on Health Dr Faisal Sultan, the Pakistan Army, and others involved in curbing the spread of coronavirus.

    “The opposition attacked us, we were criticised for two months for no lock downs,” he recalled.

    PM Imran Khan said Pakistan’s coronavirus situation was better as compared to countries in the region and it was “due to Allah’s blessings and the poor people’s prayers”.

    He cited the government’s “protection” of agriculture as well as record crop production for the 3.9 per cent economic growth rate in fiscal year (FY)22.

    “We incentivised export industry and it grew 17 per cent in one year. Our exports in June were $2.7 billion which is an all time record for the month in Pakistan,” added PM Khan.

    “We held negotiations with the construction industry and tried to give them incentives because when [that industry] starts running, then 30 related industries also start,” he added.

    Pakistan was moving towards becoming an Islamic welfare state for the first time, said PM Khan.

    “By next month, we will have data on all income levels of families and according to that, the lowest 40-50pc families will be brought under the [government’s social welfare] programme. We have dedicated Rs500bn for them,” he said, disclosing that it would include interest-free loans, health cards, technical education, low-cost housing and scholarships.

    A day earlier, the National Assembly had passed the budget for the fiscal year 2021-2022, with majority vote amid a dismal showing by the Opposition.

  • Pakistan introduces sugar-free mangoes

    Three varieties of sugar-free mangoes for diabetic patients have been introduced in Pakistan, reports ARY News. The newly introduced variety of mangoes have been made after a scientific modification at a private agriculture farm in Sindh’s Tando Allahyar, and are introduced by M H Panhwar Farms after almost five years of research.

    The sugar-free mangoes are available with the names of Sonaro, Glenn and Keitt in the local market.

    “The government of Pakistan had conferred Sitara-e-Imtiaz on Mr Panhwar for his research related to fruits, including mangoes and banana. After his death, I continued his work and carried out modification after importing different genres of mangoes [from foreign countries] to test its growth in this atmosphere and soil,” mango expert Ghulam Sarwar told ARY News. Sarwar is also M H Panhwar’s nephew.

    “This project is being run on a personal basis and we are not taking any assistance from the government. I just want to introduce these varieties at the national and international level. We think about national interests but are not [using this project] for gaining profits for us.”

  • Sarwar says cabinet ‘only listens to businessmen’ as PTI ministers attack own govt

    Sarwar says cabinet ‘only listens to businessmen’ as PTI ministers attack own govt

    Federal Minister Ghulam Sarwar Khan has accused the Prime Minister (PM) Imran Khan-led cabinet of “only listening to businessmen” while paying no heed to its own members.

    As per the details, the minister attacked his own government during a meeting of the National Assembly’s Special Committee on Agriculture. He, however, wasn’t the only one expressing concerns as Fehmida Mirza also pointed out high prices of agricultural inputs and low rate of output.

    Expressing his dissatisfaction with the government’s policies, Sarwar, the aviation minister said that within the past two and a half they had not been able to do anything for the agricultural sector. Mirza, the inter-provincial coordination minister, said that no relief had been given to growers.

    However, Finance Minister Hammad Azhar and Food Security Minister Fakhar Imam defended the government policies.

    According to The Express Tribune, Azhar said that the price of DAP fertiliser had been increased because of the hike in international price, adding that increasing support price of wheat would affect the flour price.

    The meeting was chaired by National Assembly Speaker Asad Qaiser, which was also attended by Usman Dar, Shandana Gulzar and others. Gulzar informed the committee that the government would initiate ‘Kamyab Kisan’ programme.

    “We could not give any relief to the agricultural sector. The government gave relief to industry and services but not to agriculture. The voice of the people for sectors other than agricultural is more powerful,” Sarwar lamented.

    “We are importing wheat but the government is not ready to give anything to its own growers. Imported wheat costs Rs2,400 [pre 40 kilogrammes] but we’re are giving Rs1,800 to the growers [in the shape of support price],” he told the committee.

    After the meeting, Qaiser said that the stance of Ghulam Sarwar in the meeting was his personal viewpoint.

  • Job opportunities for Pakistanis to increase in Qatar

    Job opportunities for Pakistanis to increase in Qatar

    Qatar has planned to increase employment opportunities for Pakistanis to over 300,000 in the coming year from the current 150,000, Qatar consul General Mishal M Al-Ansari said on Monday.

    While addressing members of the Korangi Association of Trade and Industry (KATI), he said that the companies with 100 per cent Pakistani ownership have increased significantly in Qatar.

    The Liquified Natural Gas (LNG) agreement between Pakistan and Qatar is a great milestone. Both countries are already working on many joint ventures in areas like defence production, JF-17 aircraft project, defence training, agriculture, food and other industries.

    Al-Ansari said that despite terrible conditions due to coronavirus we are fully prepared for FIFA World Cup 2022 and many mega infrastructure projects have been completed.