Trade: (IWCCI demands sale of surplus wheat stock before arrival of new crop)

October 17, 2015 Off By Web Desk

ISLAMABAD: The Islamabad Women’s Chamber of Commerce and Industry (IWCCI) on Sunday lauded the PM’s farmer’s package terming it a timely move which will help poor farmers facing costly inputs and reduced prices.

The move will support small farmers to a great extent who have faced calamities and floods while promoting overall rural economy which is linked to industry, it said.

The PM’s decision will bring a positive socio economic change and strengthen agricultural base of the country, said Samina Fazil, founder President IWCCI in a statement here.

Some political opponents are opposing the package which has exposed their lip service towards small farmers, she said, adding that the surplus wheat stock should be exported before arrival of new crop. The bumper wheat crop would create problems for the government and farmers as a lot of surplus stock is already rotting in warehouses, she noted.

Samina Fazil said that farmers must be enlightened about latest trends to cut expenses and boost production and support price be announced for important crops.

She said issues like increasing input prices, faulty urea distribution system, influence of middle men and usurers and flooding fake pesticides need urgent attention of authorities. She said Rs 20-billion subsidy on Urea will bring down price to 1991 per bag while the DAP would be sold at Rs 3000 which is highly encouraging.