ICCI Calls For Launch Of Micro Credit Schemes For Small Farmers
Umer Jamshaid Published August 24, 2019 | 03:16 PM
The Islamabad Chamber of Commerce & Industry said that Pakistan was an agricultural country, but remained unable so far to introduce latest agricultural machinery & technology due to which its per acre yield of agricultural crops was far less in comparison with many other countries
Islamabad (UrduPoint / Pakistan Point News - 24th August, 2019) The Islamabad Chamber of Commerce & Industry said that Pakistan was an agricultural country, but remained unable so far to introduce latest agricultural machinery & technology due to which its per acre yield of agricultural crops was far less in comparison with many other countries.Therefore, it called upon the government to launch micro credit schemes for small farmers enabling them to adopt modern agricultural techniques that would help them to achieve manifold increase in per acre yield of crops.Ahmed Hassan Moughal, President, Islamabad Chamber of Commerce & Industry said that agriculture was contributing 21 percent to the country's GDP and providing employment to around 45 percent of the workforce, but Pakistan has not yet achieved the required targets of self-reliance in agricultural production, primarily due to non-adoption of modern techniques.
He stressed that government should train, support and encourage farmers to utilize modern day tools in agriculture sector to achieve food security and self-sufficiency.ICCI President said that farmers were mostly using tractors for cultivation and were losing around 40 percent of their yield in post-harvest losses due to non-adoption of modern agricultural technologies.
Therefore, he stressed that government should cooperate with themin using combine harvesters and other modern techniques, which would save their precious time and increase their per acre yield as well.
Related Topics
Recent Stories
Inflation in Punjab reduces from 37 to 17 percent: Azma Bukhari
KP assembly passes over Rs1360.37bln surplus budget for eight months of FY 2023- ..
Health Minister Syed Qasim Ali Shah commends completion of training program for ..
Bulk stock of physician samples seized
Islamabad Police arrest 6 proclaimed offenders
RPO listens to 125 appeals of 300 police officers
Meezan Bank, Roche Pakistan join forces to combat breast cancer
Dy Chairman Senate attends flower exhibition at FG Public School
KP Assembly session postponed till May 13
Deputy Chairman Senate, Syedaal Khan attends flower exhibition at FG Public Scho ..
Tamasha to livestream ICC men's T20 World Cup 2024
DIG Operations holds ‘Khuli Kutchery’ to address grievances of citizens
More Stories From Business
-
Meezan Bank, Roche Pakistan join forces to combat breast cancer
17 minutes ago -
Salim calls for utilizing Turkish expertise in PIA's privatization
50 minutes ago -
PSX stays bullish, gains 427 more points
50 minutes ago -
Pakistan committed to promote green investment: Aurangzeb
39 minutes ago -
Short-term inflation eases by 1.39 percent
2 hours ago -
Gold rates increase by Rs.4,600 to Rs 243,800 per tola
3 hours ago
-
European stock markets hit record highs on rate cut hopes
33 minutes ago -
Foreign Exchange (Forex) Open Market Rate in Pakistan 10 May 2024
33 minutes ago -
Shipping Activity at Port Qasim
23 minutes ago -
Paris CAC 40 stock index hits new record
23 minutes ago -
Pakistan, GCCs FTA, likely to be finalized in near future: Commerce Minister
5 hours ago -
London, Frankfurt hit records as rate hopes boost markets
23 minutes ago