Saturday, 23 February 2013

Investment in agriculture stressed to create jobs


Pointing out that 85 million of the population in Pakistan is working with the agricultural sector, Mellor stressed that agriculture had a direct relation with employment as it created more jobs. Agricultural research was the area that needed to be developed to cater to growing food needs of the country as well as the entire region, he said.

Giving a comparison, he said the federal government was spending 1.7% of its budget on agriculture, but Punjab was spending 7.5% of the budget on farmers.

He said in the 60s the sector grew at a fast pace in Pakistan, but in the 70s and early years of 21st century, it recorded a decline. This underlines the need for undertaking reforms at the micro level to help develop the sector.

Original Article Here

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