UNISAME calls for formation of rice, cotton, sugar and commodities board

News Image

MG News | May 12, 2021 at 03:28 PM GMT+05:00

0:00

May 12, 2021: The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the Prime Minister (PM) Imran Khan to the neglected and uncontrolled rice, cotton, sugar and commodities sector and called for the formation of a board to safeguard the downsliding of important crops and harmful behavior of vested interest from injuring its progress.

President UNISAME Zulfikar Thaver said rice and commodities were the second biggest foreign exchange earners after textiles but unfortunately they are dwindling because of neglect and sense of direction.

He said our basmati rice is the best rice in the world but unfortunately due to lack of interest it has not been given the attention it deserves. Rice sector needs to be declared as an industry and its control given under the board.

Pakistan is importing pulses when they can be grown in the country. Pakistan is blessed with sunshine and rain and 3 climates but unfortunately due to lack of agricultural leadership and guidance we have become lethargic.

A huge amount of tea is also being imported when it can be grown in northern areas. Many other commodities like sesame seeds, dates and others can be grown and exported.

Cotton which we used to export is now on the import list, again due to lack of strategy and planning. Even sugarcane is in a mess despite its abundant growth. The sugar mafia has ruined its scope for vested interest.

Thaver urged the PM to set up a board comprising of experts from agriculture, commerce, science and technology ministries and UNISAME to focus on the aspects of growing, mapping, exporting, building reserves and monitoring of rice, cotton, sugar and commodities to maintain its consistent production and exports. 

The government needs to sharpen its tools to ensure our national potentiality is exploited for best farm sector growth and modernization of agriculture rather than leaving it at the mercy of the vested interest.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 171,515.77
60.45M
0.26%
442.04
ALLSHR 103,383.74
161.09M
0.26%
263.57
KSE30 52,367.07
27.70M
0.25%
129.58
KMI30 243,922.79
7.22M
0.09%
217.04
KMIALLSHR 66,959.46
31.07M
0.06%
38.79
BKTi 47,656.78
21.84M
0.47%
221.69
OGTi 33,322.16
0.77M
0.56%
186.15
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 87,265.00 87,795.00
86,800.00
-420.00
-0.48%
BRENT CRUDE 62.43 62.50
62.20
0.05
0.08%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.40
2.71%
ROTTERDAM COAL MONTHLY 96.45 96.65
96.35
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 58.44 58.62
58.22
0.06
0.10%
SUGAR #11 WORLD 15.17 15.24
14.96
0.18
1.20%

Chart of the Day


Latest News
December 24, 2025 at 10:08 AM GMT+05:00

NBP issues foreign exchange rates


December 24, 2025 at 10:01 AM GMT+05:00

PIA takes flight again


December 24, 2025 at 09:53 AM GMT+05:00

Asia markets mixed while gold hits new record


December 24, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


December 23, 2025 at 08:26 PM GMT+05:00

Arif Habib wins PIAC auction with Rs135bn bid



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg