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21% of GDP: Bosan says govt increasing productivity of different crops

byCustoms Today Report
28/04/2015
in Business
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LAHORE: Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan, addressing a launching ceremony of Urea-Z – a bioactive nutrient fortified fertiliser introduced for the first time in Pakistan, has said that agriculture’s contribution to the GDP is 21% and the government is trying its best to increase productivity of different crops.

Bosan said the introduction will ensured bioavailability of immobile and less mobile nutrients during the crop life. The products not only improve plant health and yield but also minimise financial burden on farmers. Along with Urea-Z, Niha Tech Limited has also introduced Bio Organo Phosphorus. Niha Tech CEO Nadeem Tariq said zinc is a critical micronutrient, not only for production purposes but also human health.

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Farmers of rice, maize, sugarcane, potato and other crops generally spend Rs3,350 per acre on one bag of 50-kg urea and 6kg of 33% zinc sulphate, he said, adding that due to 30% to 60% losses from urea, combined with the zinc loss, farmers do not get sufficient return for their investment in the form of quantity and quality of crops.

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