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Govt releases over Rs624m for food security projects

byCT Report
29/12/2015
in Business
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ISLAMABAD: The government has so far released Rs614.219 million for different developmental projects of National Food Security and Research Division under Public sector Development Programme (PSDP) 2015-16 as against the total allocation of Rs1,545.700 million (about Rs1.54 billion).

According the data of Planning Commission of Pakistan, government has released Rs179 million for research for agriculture development programme as against the total allocation of Rs428.229 million.

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In order to reduce reliance on import of edible oil and to reduce huge import bill, government has released Rs117.500 million for the promotion of olive cultivation on commercial scales across the country as against the total allocation of Rs300 million.

The government has released Rs80 million for promotion of hybrid seed production in the country in order to indigenization of hybrid seed production for enhancing crop production against the total allocation of Rs200 million for current fiscal year. Rs40 million was released for national pesticide resides residues monitoring system where as government had allocated Rs100 million for the projects for current fiscal year.

In order to enhance food group exports by fulfilling the WTO standards, the government has initiated a special programme for strengthening of SPS facilities and quality inspection services in compliance with WTO and establishment of an integrated national animal and plants health inspection services and released Rs45.700 million.

A sum of Rs20 million was also released for Pak-China cooperation for agriculture research and development for sharing the expertise and knowledge of Chinese agri-sector where as government has allocated Rs50 million for the project in its current PSDP.

In order to exploit the true livestock potential existing in costal belt of Balochistan Province, government has released Rs14.57 million for establishment of livestock research institute, Turbat as against the total allocation of Rs36.432 million.

Meanwhile, Rs14.296 million was also released for strengthening of costal agriculture research station in Bhawani, Balochistan against the total allocation of Rs35.740 million.

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