Saturday, 6 December 2014

Rice growers: government to pay Rs 5,000 per acre subsidy: minister

Federal Minister for Food Security and Research Sikandar Hayat Bosan has said that the government will pay Rs 5,000 per acre as subsidy to the rice growers to compensate them. Talking to media persons here on Wednesday, Bosan said that the country's food security was directly linked with the financial condition of farmers.

He said that the prices of food commodities were decreasing apace in the international market and the federal government was committed to ensuring that this phenomenon did not hurt Pakistani farmers. The federal minister appreciated the role of small farmers in strengthening the country's food security. He said that his ministry was willing to join hands with the development sector non-governmental organisations to deal with the issue of food security and challenges posed by climate change.

The minister said that the government was in the process of formulating a policy envisaging measures to reduce the cost of production of different crops. Prime Minister Nawaz Sharif had constituted a committee under his chairmanship to suggest ways and means to save the crops from diseases and to reduce the cost of per acre production, he added. He said that the policy would be prepared in consultation with the Chief Ministers of the provinces to facilitate the growers.
Copyright Business Recorder, 2014

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