Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Growers demand to fix procurement price of IRRI-6 rice at Rs 1,000

byCT Report
17/10/2016
in Business
Share on FacebookShare on Twitter

HYDERABAD: The Sindh Chamber of Agriculture (SCA) has complained that the support price of IRRI-6 crop of rice has reduced to Rs 750 to Rs 800 per maund due to manipulation by the middlemen and hoarders.

A meeting of the SCA here Sunday, which was also attended through the video link by representatives of farmers from Karachi, Ghotki, Sukkur, Larkana and Sanghar districts, expressed deep concern over the financial losses being caused to the rice growers.

You might also like

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

18/08/2026

Sales tax chaos: Hybrid vehicle makers halt production

17/08/2026

The meeting, which was chaired by SCA President Dr Syed Nadeem Qamar, demanded of Sindh Government to enforce the official procurement rate of Rs 900 for the IRRI-6 rice and stop exploitation of the farmers.

The meeting further asked the provincial government to increase the official support price to Rs.1,000 so that the farmers could recover their losses and feel encouraged to sow rice in the next season.The meeting observed that Pakistan exports of rice fetch $2 billion adding that share of IRRI-6 rice alone was $1.3 billion in the net rice exports.

“But for last 3 years the IRRI-6 rice growers haven’t been getting the right price which is discouraging many farmers from growing this high export potential crop,” said Dr Qamar. He expressed concern that the exports of rice could drop if the downward trend in the support price of rice continued.

“Sindh is the only province where IRRI-6 rice is produced. But I fear a reduction in sowing of the IRRI-6 crop next year,” he warned.

Meanwhile, the meeting also urged the government to ensure that the sugar mills begin the purchase of sugarcane from November 15 as was decided in a recent meeting chaired by Sindh Agriculture Minister Suhail Anwar Siyal.

The SCA’s General Secretary Nabi Bux Sathio and other office bearers including Zahid Ali Bhurgari, Mohammad Khan Sarejo, Ghulam Hussain Chachar, Babu Shah, Siraj Rashdi and others attended the meeting.

Related Stories

SECP clears 13th public offering of 2026 as Naya Nazimabad REIT heads to PSX

byCT Report
18/08/2026

KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...

Sales tax chaos: Hybrid vehicle makers halt production

byCT Report
17/08/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded an immediate rollback of the sales tax...

Weekly inflation rises 0.15pc, annual rate reaches 9.11pc

byCT Report
15/08/2026

ISLAMABAD: Pakistan’s weekly inflation increased by 0.15%, pushing the annual inflation rate to 9.11%, according to the latest report released...

SECP establishes Shariah-Compliant Brokerage Segment, approves 33 Islamic Windows

byCT Report
13/08/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...

Next Post

Hesco cuts off over 200 power connections of Wasa

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.