PBIF lauds the decision for focusing on agriculture

ISLAMABAD: Pakistan Businessmen and Intellectuals Forum (PBIF) President Mian Zahid Hussain on Wednesday lauded Chief Minister Punjab Shahbaz Sharif for allocating additional resources for promotion of agriculture.

Allocation of Rs 147 billion for agriculture and its sub-sectors was a welcoming step, which would also have a positive impact on livestock, irrigation, forestry and food, PBIF President said in a statement issued on Wednesday.

He said the federal government has also taken laudable steps to promote the ailing sector and now Punjab has followed it as well, which was an important development as this sector is considered backbone of the economy.

“Pakistan is an agriculture country but due importance was not given to the farming field by the successive governments, which resulted in reduced GDP,” he lamented. “This sector provided employment to 44 percent population and contributed 21 percent to the GDP; it also provides 70 percent of the raw material to textile industry, the largest export sector, and was vital for national food security.”

Hussain said that promotion of agriculture was need of the hour to increase GDP, enhance industrial development, raise income of rural population and strengthen financial position of the growers, which has now being realised.

He demanded a proper mechanism to monitor regularly the agri policies, position of the farmers and contribution of the agriculture field. He said the landlords should not dominate the entire assistances and the small farmers should also be given due share in the relief as it was vital for reviving the declining agricultural sector.

Agriculture is no more a neglected sectors, as it would be strengthened due to the efforts of the government, which has put it back on the track, the PBIF president said, adding that small farmers should be included in the policymaking process in future.

Source: PPI

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