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Bilawal Bhutto launches Reimbursement of wheat seed program

Bilawal Bhutto launches Reimbursement of wheat seed program

Bilawal Bhutto launches Reimbursement of wheat seed program

Bilawal Bhutto launches Reimbursement of wheat seed program

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  • He said floods of 2022 destroyed 3.6m acres of kharif crops
  • Foreign Minister said farmers suffered a loss to the tune of Rs. 421b.
  • CM said that the disruption of the crop cycle threatened our food security.
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KARACHI: Chairman Pakistan Peoples Party & Foreign Minister Bilawal Bhutto Zardari inaugurated Seed `Subsidy Programme:  Reimbursement for wheat Seed’ by pressing a key of the computer and transferred Rs8.39 billion to Benazir Income Support Program (BISP) which started disbursing an amount of Rs5000 per acre to the small growers holding agricultural land up to 12 acres.

The programme was organized by the agriculture department in collaboration with BISP here at the Banquet Hall and was attended by Chief Minister Murad Ali Shah, MPA Ms Faryal Talpur and provincial ministers.

Earlier, Chairman Bilawal Bhutto, through a presentation was told that the Floods of 2022 destroyed 3.6 million Acres of Kharif crops out of 4.4 million Acres. The Farmers suffered a loss to the tune of Rs. 421 billion.

The Chief Minister said that the disruption of the crop cycle threatened our food security, livelihoods, and economy. He added that the Sindh government, on the directives of the party leadership planned to support the farmers in the form of enhancing the support price of wheat and Agriculture inputs to revive the agriculture sector.

Mr. Shah said that Rs 13.5 billion were required to finance the seed subsidy program. “The Sindh government contributed Rs8.39 billion and the federal government had committed Rs 4.7 billion,” he said and added due to funding deadlock with the federal government and lack of authentic data on farmers, the initial program of providing free seed was revisited when the sowing season had commenced.

The CM said that the implementation strategy was changed from the provision of free seed to reimbursement of the cost of seed at Rs 5,000 per acre.

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Murad Ali Shah said that backing out of the federal government from providing their share constrained his government to limit the subsidy to the farmers holding the land up to 12.5 Acres in the first phase and 25 acres in the second phase.

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Federal Minister Shazia Marri said that BISP has set up 110 Centers at the Taluka level in partnership with Habib Bank Limited to disburse the cash through mobile accounts, after biometric verification on site.

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