Khusro Bakhtyar reiterates Govt’s resolve for welfare of farmers

Islamabad, February 08, 2022 (PPI-OT):Minister for Industries and Production Makhdoom Khusro Bakhtyar has directed his Ministry to chalk out a subsidy mechanism in collaboration with Ministry of National Food Security for provision of DAP fertilizer to farmers at affordable prices. Chairing a high-level fertilizer review meeting in Islamabad on Tuesday, he said this is being done as global prices of phosphoric acid and ammonia used for DAP production have increased unprecedentedly in international market.

The Minister reiterated the government’s resolve for welfare of farmers and said all out efforts are being made to ensure that farmers do not bear the brunt of price-hike. The meeting discussed the availability and demand of Di-ammonium phosphate (DAP) and its substitutes for coming Kharif season.

The meeting was briefed that DAP is reliant on imports as local production of DAP clocked around only 30% whereas demand for DAP stands at 2.2 million tons in Rabi and Kharif seasons. It was told that due to high price differential, DAP applications witnessed 17.7% decline as compared to urea in this Rabi season. The meeting concluded with guidelines for subsidy framework to be submitted to forum in next meeting.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

Recent Posts