Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Govt decides to collect FPA charges in six months on Agriculture Tube wells

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December 27, 2019: Prime Minister Imran Khan announced Agriculture Emergency Program to provide relief to the farmers. So far various steps have been taken to translate the relief in various forms and manner.

To that effect a meeting was organized on December 24, Advisor to Prime Minister on Finance, Dr Hafeez Sheikh chaired a meeting regarding Power Tariff in the agriculture sector. Federal Minister for National Food Security & Research Makhdoom Khusro Bakhtiar, Mr. Omar Ayub Federal Minister for Energy, Federal Secretaries of Ministry Power, Finance and National Food Security attended the meeting.

The meeting discussed about Fuel Price Adjustment (FPA) on Tube well tariff which are received to farmers from November to January 2020 this year.

In the meeting, Khusro Bakhtiar suggested that in order to provide relief to the farmers across the country, the subject FPA shall be paid over a period of six months from January 2020 to June 2020. The decision was made to provide relief to the farmers considering the high-power tariff.

It is pertinent to mention that the first meeting regarding FPA tariff was held last week. Khusro Bakhtiar said that, it would be a great impetus for farmers and one of the major trust building measures for farmers.

Yesterday, a meeting was held at the Federal Ministry for Energy and the decision was finalized and communicated to the Ministry of National Food Security.

The FPA to be billed in the months of November December 2019 and January 2020 will be spread over to the next six months from January to June 2020.

The approval was given by the minister for power. Power division will notify for its implementation. This will provide major relief to the farmers to pay their rationalized electricity bills.

The rationalization of power tariff for agriculture tube wells has been under consideration for quite some time.

Federal Minister for NFS&R Khusro Bakhtiar said that the government is working hard to bring the domestic agricultural cost of production at par with neighbouring countries. Hence the major focus is on the provision of fertilizers on reasonable rates and also the rationalization of power tariff for the agriculture sector.

Press Release

Posted on: 2019-12-27T09:46:00+05:00

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