Government urged to Further Decrease Fertilizer Prices

News Image

MG News | January 27, 2019 at 10:35 PM GMT+05:00

HYDERABAD, Jan 27: The Sindh Chamber of Agriculture on Sunday urged the federal government to further decrease the price of fertilizer as the relief of Rs 200 per bag of urea given in the Finance Supplementary Bill, 2019, was insufficient.

Addressing an SCA meeting here, its president Qabool Muhammad Khatian said the agriculture sector was suffering from hikes in input prices in last few months. The prices of urea and DAP fertilizer had increased from Rs 1,380 and Rs 2,800 to Rs1,850 and Rs 3,800 per bag respectively, he added.

The meeting also expressed concern over the low rate of the wheat crop.The crop had been badly hit in Mirpurkhas, Badin and Umerkot districts due to shortage of irrigation water, it added.

The SCA demanded the Sindh Government to fix Rs1,500 per 40 kg procurement price of wheat. In case the rate was not revised, the provincial government might fail to achieve the procurement target from southern Sindh, it warned.

The meeting claimed that due to shortage of water at the Sukkur and Kotri barrages, a food crisis might entail.

 

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 178,200.02
255.20M
1.20%
2105.91
ALLSHR 107,584.98
781.26M
0.99%
1054.09
KSE30 53,213.70
96.14M
1.40%
733.48
KMI30 251,278.11
116.52M
1.65%
4080.05
KMIALLSHR 68,998.60
372.91M
1.20%
820.07
BKTi 50,801.28
26.71M
0.96%
482.11
OGTi 34,855.82
7.44M
1.57%
539.36
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,935.00 63,955.00
63,550.00
-150.00
-0.23%
BRENT CRUDE 84.44 84.74
83.80
0.67
0.80%
RICHARDS BAY COAL MONTHLY 107.75 0.00
0.00
-0.50
-0.46%
ROTTERDAM COAL MONTHLY 118.50 121.00
118.50
-3.50
-2.87%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 81.04 81.22
79.62
0.70
0.87%
SUGAR #11 WORLD 15.01 15.06
14.61
0.35
2.39%

Chart of the Day


Latest News

Top 5 things to watch in this week

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