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Govt spending over Rs2b to promote olive farming

byCustoms Today Report
29/09/2015
in Business
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LAHORE: The provincial government has announced to spend more than Rs 2 billion for the promotion of Olive cultivation and to make Potohar an Olive Valley.

According to the spokesman for Punjab Agriculture Department, there were bright chances of cultivating olives in Potohar districts. He said that under five-year project (2015-2020) farmers interested in olive cultivation in districts Chakwal, Jhelum, Attock, Rawalpindi and Khushab would be given Rs 2 million aimed at promoting Olive sowing in these areas and to minimize the import of edible oil. Farmers of Potohar districts who were interested in getting olive plants should submit their applications in BARI till November 30, he added. He further said the month of September was suitable for Olive sowing and growers while planting new saplings of Olive should keep a distance of 20 feet between linings.

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