ISLAMABAD: A high level meeting held here on Wednesday with Prime Minister Nawaz Sharif in the chair discussed issues and problems faced by the agriculture sector in the wake of downward trends in the international commodity markets.
It was informed that surplus stocks of agricultural products in international and domestic markets have put pressure on the support price mechanism and profitability of the agricultural production.
The meeting deliberated in detail on the recommendations of the forum on agriculture held last month with regard to problems faced by the producers of major crops like Rice, Sugar-cane, Cotton, Wheat and vegetables.
The participants analysed and evaluated implications of the government interventions to manage the price fluctuations while keeping the interests of both the producers and consumers in view not to adversely affect any segment of the society.
The Prime Minister directed to devise proposals to bring down the cost of inputs to improve per acre yield and profitability. He also directed that the Ministry of National Food Security may initiate measures to attract investment in high-tech seed industry and suggest if there is any legislation required to do that.
The Prime Minister directed to develop standards for use of agricultural machinery to improve their efficiency. Provincial governments were asked to initiate process for implementation of the recommendations of the agriculture forum.