Rs 6bln Project Afoot To Increase Olive Cultivation

PESHAWAR, (UrduPoint / Pakistan Point News - 5th Jul, 2021 ) :In order to increase the Olive cultivation in the country, Pakistan Oil Seed Development Board was working on Rs 6 billion project to give various incentives to farmers across the country.

Managing Director Ministry of National food and Research Dr Kher Muhammad Kakar Monday said every sort of assistance from free of cost olive tree, drip irrigation system, machinery and equipment for filtration and extraction of oil from seeds were being provided to farmers.

"We give facilities from cultivation, production and shifting products to markets." He said another project worth Rs 10 billion had been started in collaboration with all provinces to boost cultivation of Sunflower, Canola, sesame seed oil under which financial assistance of Rs 5000 was given to each farmer on per acre cultivation, besides the board was also facilitating farmers to cultivate soybean.

With the sponsorship of the Italian government a project wroth Rs 3.6 billion was started to give a mass level training to farmers on cultivation of oil seeds. "We are also providing free of cost assistance to horticulture sector to cultivate oil seed crops,"he informed.

He said that country would be self-sufficient to meet oil requirement domestically with increase in cultivation of oil seeds crops.

He said that country would have more than 3 million fruit-bearing plants that would produce around 1,415 tones of oil, worth estimated Rs 4.41 billion.