Minister: (Urea price to be brought back to previous rate by Oct end: Bosan)

September 15, 2015 Off By Web Desk

ISLAMABAD: Minister for National Food Security Sikandar Hayat Bosan has said that Urea price will be brought back to its previous rate by the end of next month.

In an interview on Wednesday, he said the Kisan package announced by the Prime Minister is a short-term measure while consultations are underway to prepare mid and long term packages for the peasants as well.

He said the trend of decrease in the commodity prices is expected to continue for the next five years but the government is keenly monitoring the situation and will devise a proper strategy to cope with the situation to save the growers from losses.

The minister said Pakistan has one of the largest agriculture infrastructure market size but our system is very week that could not cater to the needs of growers.

He said the Prime Minister is focusing on improving this infrastructure by launching and completing mega projects. To a question, he said as the new potato crop will come in the market, its import from India will be totally banned to benefit our local growers.