Providing insurance cover to farmers for compensation for climate change, natural disasters and locust heart damage.
Pakistan is basically an agricultural country and about 70% of its population is engaged in agriculture. But unfortunately in the past due to poor strategies and ding-dong policies of the governments the desired results could not be achieved.
In the past, only the big farmers took advantage of whatever policy was made by the governments and the small farmers were deprived of these fruits. The Pakistan Tehreek-e-Insaf (PTI) government realizes that a green revolution cannot be brought about in the country without developing the agricultural sector and improving the condition of the farmers.That is why Punjab Chief Minister Usman Bazdar took practical steps to take up the sector.
Usman Bazdar has formulated a policy to make Punjab a real agricultural home.
The present government has introduced new dimensions in the agricultural sector in 2019 and made it profitable in the shortest possible time. The steps taken by the Punjab government have set the direction of the economy. Has given loans.80 new varieties of crops have been approved. Research culture has been promoted to increase production. Rs. 6 billion has been allocated for this. Production of wheat, gram etc. has been increased. So far, the government has provided interest free loans of Rs. 35 billion to the farmers. Another thing that the previous governments could not do was to ensure payment of 99% dues to the farmers from the sugar mills.
Loans of e-credit scheme have been increased by Rs 5,000 for Rabi crop and Rs 10,000 for Kharif. Of course, that is why Usman Bazdar is taking an admirable step out of personal interest. It would be an exaggeration not to give credit to Prime Minister Imran Khan for all these achievements, which started an agricultural emergency program at a cost of Rs 300 billion.
At the same time, cotton is a cash crop of Pakistan and is the backbone of Pakistan's economy. 60% of the country's foreign exchange depends on exports of cotton and its products. Global textile trade The volume of cotton is about ارب 14 billion. Punjab produces about 70% of the country's production. Cotton is cultivated on an area of about five million acres in Punjab which yields seven million bales.Since 2015, the area under cotton cultivation and production has been gradually reduced. But now cotton growers will be able to contribute to the improvement of Pakistan's economy by cultivating cotton even in rain-fed areas, thanks to which thousands of people will get employment opportunities. shall be.
Keeping in view the importance of South Punjab, modern laboratories and offices have been set up under Cotton Research Institute Multan with a separate fund of Rs. 352 million.Finally, it is gratifying that last year the World Bank said that Punjab's agricultural sector is prone to change and this change is slowly beginning to show in Punjab. In addition, farmers were provided with insurance cover for climate change, natural disasters and locust heart damage.And a total of 539,439 farmers' crops have been insured and Rs. 98 crore has been paid to the insurance companies as a duty. Will Along with the improvement in the Pakistani economy, the farmer will also be prosperous, all the credit for which goes to the Punjab government and Prime Minister Imran Khan.
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