Urea prices reduced by Rs375 per bag

Move aimed at giving relief to farmers

KARACHI: Prices of urea have been reduced by Rs375 per 50kg bag in a bid to provide relief to farmers, announced Federal Minister for National Food Security and Research Makhdoom Khusro Bakhtiar.

The new price of a 50kg bag of urea is now fixed at Rs1,665. In a meeting with Pakistan Kissan Ittehad President Khalid Mehmood Khokhar on Thursday, the minister said that the government was aware of the issues being faced by the farmers and was taking measures to resolve them.

He said the development and modernisation of the agriculture sector was a top priority of the government, which was evident from the initiation of various agricultural programmes.

He pointed out that fertiliser prices had been reduced by waiving Gas Infrastructure Development Cess (GIDC) and measures were being taken to ensure uninterrupted supply to farmers.

During the meeting, issues related to cotton crop and electricity supply to the farmers were also discussed. The minister stated that the government was committed to providing full support for the farmers to increase farm productivity.

In line with the development, Fauji Fertiliser Company reduced the price of each urea bag by Rs75 with effect from March 2, 2020. 

Published in The Express Tribune, March 6^th, 2020.

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