Tuesday, November 30, 2010

Asif Ali Zardari Seeks Comprehensive Edible Oil Policy

Asif Ali Zardari Seeks Comprehensive Edible Oil PolicyPakistan Business News, Zardari on Friday asked the government to formulate a firm edible oil policy so as to eliminate dependence on imported oil as soon as possible. The current edible oil import bill of $ 1.5 billion a year is constantly rising making it critical for us to produce indigenous edible oil which will also generate thousands of new jobs and revitalise overall economic activity", he observed.


The President said this during an interactive session with other stakeholders, members of the Sindh Chamber of Agriculture and the Sindh Abadgar Board held in Bilawal House here to brainstorm measures for rehabilitation of agriculture destroyed during the floods.


The meeting was attended by Sindh Chief Minister Syed Qaim Ali Shah, Federal Agriculture Minister Nazar Gondal, provincial ministers and senior government officials.


Briefing journalists, the spokesperson to the President Farhatullah Babar said the President also asked the government to prepare a package of incentives for the farmers to grow sunflower for indigenous production of edible oil.


The interactive meeting was informed that sunflower was the most important crop for edible oil extraction as its seed contained over 40 percent oil, having an early maturing quality, needing small quantities of irrigation water and is also drought resistant.


The meeting was informed that Kacha areas and uplands of irrigated areas can be vacated early for sowing rabi wheat crop. However, in low lying irrigated areas which cannot be vacated early the sowing of sunflower was the best option.





President Zardari also advised to consider the proposal of giving interest free loan of Rs ten thousand per acre to the worst hit farmers for a period of ten years. At the same time he asked the farmers to consider waiving the loans of haris to enable them to return to their homes and work with peace of mind to rehabilitate the devastated agricultural landscape. He said that the haris had to be given incentives to return to the lands and asked the provincial government to hold meetings with landowners to address the issue in consultation with them.


The President asked the Federal Food and Agriculture Minister Nazar Muhammad Gondal to firm up strategy and plans for sunflower sowing in the province in consultation with Sindh Agriculture and Irrigation Ministers and representatives of Abadgar, Sindh Chamber of agriculture and other stake- holders. The Federal Agricultural Minister will stay in Karachi for a while to sort out the issues.


President Asif Zardari also reiterated his call urging the well to do and affluent people to play their role by paying a one-time surcharge for flood relief and rehabilitation efforts.


He said that a decision on surcharge had finally to be taken by respective provincial assemblies in case of provincial subjects and by the National Assembly in the case of federal subjects but asked them to keep in mind that international community will generously help the flood victims provided our own people took the load in this regard.


At a time of national calamity like this let our well to do people share their bounties with their grief and poverty- stricken brethren, he said. b

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