The Pakistan Tehreek-e-Insaf (PTI) government has approved new projects worth Rs250 billion for uplifting of the country’s agriculture sector, Profit reported Friday.
As per the details, Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the aim of these projects is to enhance crop productivity and improve the means and resources for better farming.
“The government is fully aware of the difficulties being faced by the cotton growers and the fair prices for farmers would not only reduce their production cost but also encourage them to use more inputs and increase the crop area for enhanced productivity,” he added.
Ways to ensure competitive cotton prices for farmers in the coming season were also discussed in the meeting attended by office-bearers of All Pakistan Textile Mills Association (APTMA), Pakistan Cotton Ginners Association (PCGA) and Kissan Ittehad.
Contribution of the country’s major crops, including cotton, wheat, rice, maize and sugarcane, in the Gross Domestic Product (GDP) is almost 5.4 per cent.