ISLAMABAD: With the aim to ensure smooth disbursement of Rs20 billion subsidy on Phosphatic & Potassic Fertilizers, specifically diammonium phosphate (DAP), the federal ministers have called on farmers and stakeholders to discuss the ways of implementation of announced subsidy.
According to a handout, Federal Minister for Industries and Production Ghulam Murtaza Jatoi and Federal Minister for National Food Security and Research Sikandar Hayat Khan Bosan briefed the delegations on the package which will give relief to farmers all across the country. Jatoi stated that a mechanism had to be evolved to ensure that the subsidy actually reaches the farmers. He also mentioned that the Government of Pakistan announced in the federal budget 2015-16 to give subsidy of Rs 20 billion on Phosphatic / Potassic Fertilizers.
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Various proposals were discussed to reach consensus on a viable arrangement that ensured transparency as well as high visibility and enforcement of the initiative. The Ministry reiterated that pricing must be made prominent and transparent by all fertilizer companies and they must ensure provision of updated price lists to dealers who will guarantee their prominent display.
Moreover, any change in price will be communicated by companies to provincial governments and National Fertilizer Development Centres (NFDCs). The Minister stressed that companies need to make sure dealers refrain from overcharging and appropriate action must be taken against dealers who have overcharged farmers.
