News

8.4 Million Farms to Get Direct Subsidy through Kisan Card Scheme: Fakhar Imam

•
5 min read
•
Legal Editorial Desk
8.4 Million Farms to Get Direct Subsidy through Kisan Card Scheme: Fakhar Imam
The federal Minister for National Food Security and Research, Syed Fakhar Imam, recently attended and addressed the sixth meeting of the Ministers of the SCO member states on agriculture issues. He said that agriculture has been given utmost importance under Prime Minister (PM) Imran Khan’s leadership and that the current government aims to transform Pakistan’s agriculture sector through mechanization and research. ALSO READ Govt to Transfer Sugar Advisory Board to Food Ministry Minister Imam said that there are approximately 8.4 million farms in Pakistan that will get direct subsidies through the Kisan Card Scheme that has been launched by the PM, and added that the government wants to eliminate the role of the middleman and directly benefit the end farmer. He added that the PM envisages doubling the income of the farmers who contribute approximately 19 percent to Pakistan’s GDP. He also remarked that Pakistan is one of the most adversely affected countries in the world due to climate change and that the pattern of its rainfall has significantly changed, which has drastically affected its agriculture output. He added that two million cotton bales in Sindh were destroyed because of irregular rainfall. The minister highlighted that the current government has been extremely successful in thwarting locust infestations and the COVID-19 pandemic. ALSO READ Pakistan’s Economy is Growing But Boom-Bust Cycles Must be Avoided: SBP Governor He further revealed that the government aims to improve the on-farm water management through techniques such as sprinklers and the drip irrigation system so that the utilization of limited water resources may be maximized. He urged the SCO members to increase cooperation and exchanges in agricultural research so that Pakistan may transform its agricultural sector similar to those of the developed countries.
Share:

Editorial & Legal Practice Group

Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

Advocates High Court & Tax Counsel Jurisdiction: Pakistan

Need Expert
Legal Counsel?

Free Session
Initial Consultation
100% Secure
Private & Confidential

Request a Callback

Enter your WhatsApp number and our legal team will connect with you shortly.

Typical response: Prompt response during chamber hours