Staff Report Indus River System Authority (Irsa) has projected a water shortage of up to 30 percent for the Kharif crops. Encompassing all the water availability parameters, the anticipated inflows at Rim Stations for Early and Late Kharif 2024 were unanimously agreed upon. It was agreed total inflows at rim stations would be available at…
By Newztodays Team Engro has felt the heat of removing the subsidy on gas feedstock and referring the case to the Competition Commission of Pakistan (CCP) to probe undue increases in urea prices after claiming to produce higher production to meet the food security needs of the country. Engro is one of those fertilizer manufacturers…
By Newztodays Team The Economic Coordination Committee (ECC) has allowed the Import of wheat which will impact local wheat prices in Pakistan sanctioned the import of wheat and the export of wheat flour ahead of the local wheat crop’s arrival in the market in the coming months. The decision to allow wheat importation is likely…
Staff Report In continuation of its ongoing integration with the E-Phyto Hub, Pakistan Single Window (PSW) has commenced receiving electronic phytosanitary certificates (e-Phyto) for imports of agricultural goods and commodities. The PSW platform has already been sending e-Phytos on export of goods since integrating with the e-Phyto Hub in November 2023. Since then, more than…
Staff Report The federal government has imposed a Rs 15 billion burden on gas consumers to subsidize gas for fertilizer plants. The caretaker government has decided that the regulator will recover this amount from gas consumers starting January 1, 2024. This cost was initially to be shared between the federal and provincial governments. However, they…
U.S. Ambassador Donald A. Blome participated in a closing event of a five-year, $1.3 million U.S. Embassy-funded sustainable farming project. The Alternative Livelihoods Options Project, which was implemented by the FAO with the assistance of the KP government, has helped 3,700 farmers, including over 600 women, increase their incomes by teaching them improved agricultural practices…
The government has projected Cotton production at 11.5m bales from an area of 2.4 million hectares showing a bumper increase of 126.6% in production for 2023-24 over the last year. A High-Powered Federal Committee on Agriculture (FCA),s meeting for Rabi Season (2023-24) is held on 11th October, 2023 under the Chairmanship of Prof. Dr. Kauser…
A milestone in Pakistan’s cotton sector was reached as cotton arrivals for the year 2023 exceeded expectations, demonstrating remarkable growth in production. Cotton arrivals as of September 30, 2023, soared to an impressive 5.0 million bales, representing an astounding 71% year-on-year growth. Pakistan’s Cotton Production to Cross 10m Bales in a Decade This accomplishment is…
Trading Corporation of Pakistan (TCP) has decided to purchase one million bales of cotton nationwide following a decline in cotton prices in the open market and falling below the intervention threshold. Bids for appointments have been solicited from cotton procurement agents, the Cotton Procurement Firm, and labor contractors. The surge in cotton prices within the…
Pakistan’s cotton production is expected to cross 10 million bales for the first time during the last decade. Cotton industry officials say that the cotton production target had been set at 12.7 million bales but actual production could cross 10 million bales this year. For the first time in the country’s history, collective cotton production…