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March 2002                                                                                                       News Archive

15pc GST on seeds and other agri products 
ISLAMABAD- The government is likely to levy 15 per cent general sales tax (GST) on electricity, edible oils and all kinds of seeds.  Detail

Cotton market remains steady
KARACHI- Steadier conditions prevailed on the cotton market on Friday as ginners were not inclined to lower their asking prices amid predictions of revival of foreign demand. Detail

Plan to extract sugar from beet criticised
KARACHI-Pakistan Sugar Mills Association (PSMA) has criticised the government for its proposed plan switching over indigenous sugar industry from cane to beet. In a press statement, a PSMA (Punjab Zone) spokesman said that every one knew that climate of Punjab and Sindh was not suitable for sugarbeet cultivation. This meant bureaucracy was trying to waste public money for nothing, he added. Detail

New models of Millat Tractors launched
LAHORE–Millat Tractors Ltd has launched two models of tractors and a forklift truck here on Thursday at a local hotel. Among others, Punjab Agriculture and Cooperatives Minister Khurshid Zaman Qureshi and Chief Executive Millat Tractors were present on the occasion. It was told in the function that new models of tractors was highly fuel efficient and designed to meet the farmers’ need and local climatic conditions.

The company also introduced three-ton forklift truck. This forklift has been manufactured with the help of UK and Chinese technology.
Courtesy Nation March 29, 2002

Punjab body wants 1991 Accord abolished
ISLAMABAD - Accusing the government of taking a series of anti-Punjab decisions, the Punjab Water Council (PWC) on Thursday demanded abolition of 1991 water apportionment accord. Detail

Dull trading on cotton market
KARACHI-Cheerless trading conditions prevailed on the cotton market on Thursday as both buyers and sellers kept to the sidelines most of the time awaiting apparently some fresh positive developments on the export front. Detail

Onion, tomato prices shoot up

KARACHI-Prices of onion and tomato have gone up by 40 per cent and 50 per cent in the last few days as compared to prices prevailing in the first two weeks of the current month. 

Water losses to be overcome: Musharraf

ISLAMABAD-President Gen Pervez Musharraf Thursday said the government would ensure equitable distribution of water among the provinces and improve the existing irrigation system on modern lines to overcome water losses. Detail

Pak seafood export declines by 12pc

KARACHI-Country's seafood export has suffered a decline of 12 per cent in the first eight months of current fiscal year mainly because of the fallout of 9-11 incidents, the exporters say. Official figures put the July-February 2002 seafood export at US $88 million compared to US $100 million last year. Exporters and concerned fisheries officials hold 9-11 incidents responsible for the decline. Detail

World wheat situation and outlook

World wheat trade in 2001/02 is forecast to be 107.8 million tons, up 4.4 million tons from 2000/01. Global production is forecast down 4.2 million tons and is expected to remain below consumption for the third consecutive year. Global stocks are forecast down 9.9 million tons from last year to the lowest level since 1996/97. Detail

Kharif shortages to be shared on pro-rata basis

ISLAMABAD – The Indus River System Authority (IRSA) on Wednesday projected up to 54 per cent maximum water shortage for early Kharif which the provinces would have to face on pro-rata basis as the apex body on water distribution decided the Mangla Dam conservation level at 1212 feet. Detail

Price war continues on cotton market
KARACHI-Cotton market on Wednesday consolidated previous gains but ready business fell to a low ebb as ginners and spinners remained locked in a price war. Detail

Mangla filling begins in April: Water shortage to persist

ISLAMABAD-Projecting a water shortage between 33 per cent and 54 per cent during early Kharif, the Indus River System Authority on Wednesday agreed to start filling Mangla Dam from early next month and meet "reasonable (water) requirement" of Sindh. Detail

Prices steady on cotton market

KARACHI- Amid slow trading raw cotton prices remained steady in the local market when trading resumed on Tuesday after a long closure on account of Pakistan Day and Ashura. Detail

Wheat export to Egypt being streamlined
KARACHI- An official delegation would leave for Cairo soon to hold talks with the Egyptian official for the removal of quarantine conditions on wheat import from Pakistan, official sources said Tuesday. Detail

TCP urged to buy surplus sugar
KARACHI- Pakistan Sugar Mills Association (PSMA) has urged the TCP to purchase 0.2 to 0.3 million tons sugar out of the expected surplus of 0.621 million tons.Detail

Punjab likely to produce 14.5m ton wheat
LAHORE–The Punjab province is likely to produce 14.5 million ton wheat this season (2001-2002), achieving the target of 14.2 million ton despite acute drought conditions.
According to an official estimate, the production, however, is estimated to remain below this year as compared to the 15.4 million ton crop size of previous season (2000-2001).

Sindh, Punjab again at loggerheads over Mangla water

ISLAMABAD-Sindh and Punjab have again developed differences over the existing low quantity of water in Mangla Dam required for Rabi 2002-2003 crops from first April. Detail

Rain brightens prospects of Rabi crops
ISLAMABAD-The recent rains have ended the prevalent dry spell and brightened the prospects of the rabi crops, particularly wheat. Though the rains were late, but it would create a positive impact on the germination of grains. Detail

Cut-flowers: marketing prospects
Flowers are useful in many ways. Their cultivation in Pakistan is increasing day-by-day, due to the growing demand of fresh flowers for garlands, bouquets, wreaths. Detail

Soomro for new tech to revamp agri, irri systems
KARACHI –Sindh Governor Muhammedmian Soomro has underlined the need for renovation of irrigation and agriculture systems by utilising latest technology and all available means. Detail

Tea import duty cut to 15pc demanded:
 Smuggling on rise

KARACHI- Leading tea packers and importers forecast that the smuggling of tea by the end of fiscal 2001-02 will range between 35,000 to 40,000 tons as compared to 25,000 to 30,000 tons in 2000-01. Detail

TCP confident of resolving wheat issue with Iraq
KARACHI-The state-run commodity trader, Trading Corporation of Pakistan (TCP) is making arrangements for the re-shipment of the wheat consignment to Iraq, which Bagdad had earlier refused to accept on grounds of contamination. Detail

Trading improves on cotton market
KARACHI- Physical activity on the cotton market on Tuesday maintained on the higher side as spinners were not inclined to have a look at their inventories in the backdrop of some positive developments on the export front.  Detail

Rice board as separate entity planned
ISLAMABAD- Federal Minister for Commerce, Abdul Razak Dawood on Tuesday said that to capture the international rice market and ensure greater rice production, a proposal is under active consideration to establish "Pakistan Rice Board" as a separate entity , which will be run by private and public sector.  Detail

Molasses export earns $30m
KARACHI- Around 600,000 tons of molasses export during current sugarcane crushing season has fetched around $30 million at an average price of $50 per ton, exporters said. Detail

45pc water shortage for next Kharif season anticipated
ISLAMABAD-The next Kharif crop in the country might be hampered because of an anticipated 45 per cent shortage of irrigation water during the Kharif season, coupled with persistent El-Nino phenomenon, resulting in low monsoon rainfall. Detail

Oil prices take breather after recent gains
LONDON- The price of oil was steady here in early trading Thursday as traders paused for breath after a topsy-turvy session the previous day that saw prices run up to six-month highs only to fall back to earth again. Detail

Cotton market remains dull

KARACHI-The cotton market passed through another dull session on Thursday as buyers remained off the rings in view of oncoming Muharram holidays.  Detail

Agri sector shows good performance

ISLAMABAD-Federal Minister for Food and Agriculture Khair Muhammad Junejo on Thursday said that cotton crop registered a production of 10.06 million bales surpassing its targets while wheat production during the current season is projected at 19.2 million tones. Detail

European Commission to provide Rs. 1.2 billion for Livestock development
ISLAMABAD-The European Commission will provide a grant of Rs. 1.2 billion for carrying out an ambitious project to develop potential of Livestock sector. Detail

Water to Sindh in best interest of country
LAHORE—Federal Member Indus River System Authority (Irsa) Ansar Rajput on Friday visited Punjab Irrigation Department offices and inquired about the implementation of Governor Punjab directive to supply water to Sindh from Punjab’s share. Detail

All canals closed as Punjab gives its water to Sindh
LAHORE–As a goodwill gesture, Governor Punjab Lt Gen (Retd) Khalid Maqbool on the direction of President of Pakistan has instructed to close all canals of Punjab after March 15 with a view to giving water to Sindh from Punjab’s share. Detail

Water crisis: famine feared in Sindh
SANGHAR,-A famine-like situation looms large over Sindh due to the persisting drought and acute shortage of irrigation water. The canals are dry and at some places even drinking water is not available. Detail

'Canal closure to hit south Punjab'
MULTAN-The government decision of closing canals in the Punjab to provide water to Sindh will ruin the standing crop in southern Punjab. This was stated by Pakistan Seraiki Party (PSP) chief barrister Taj Muhammad Langah at a meeting here on Friday. Detail

Fish business suffers as protest continues
KARACHI-There has been no normal fishing activity at the Karachi Fish Harbour as the protest against the shooting death of a fisherman in Mekran entered the second week. Detail

Punjab to share agricultural knowledge with other provinces
LAHORE-The Punjab will share agricultural knowledge with other provinces by developing three model villages in Sindh and one in Balochistan, Governor Khalid Maqbool said on Monday. Detail

No water for Sindh from Tarbela dead level
ISLAMABAD, March 11: Endorsing recommendations of Irsa and WAPDA, the Chief Executive Secretariat has rejected Sindh's demand of water supply from Tarbela reservoir, where water has dropped to dead-level. Detail

Jinnah, Taunsa barrages need urgent repairs
LAHORE, March 15: The Jinnah and Taunsa barrages in the Punjab have developed serious problems and require repairs costing an estimated Rs34 billion on priority basis. Detail

Tarbela canals closed
LAHORE, March 11: The Irrigation and Power Department on Monday closed down some of the Punjab canals and reduced supplies to others in view of the depletion of Tarbela storage. Detail

Cut in wheat output target likely
ISLAMABAD: The federal government is set to refix wheat target in the wake of acute water shortage in the country and also to streamline the strategy for its procurement in the coming harvest. Detail

Water reservoir at Kotri Barrage depletes
KOTRI-Water reservoir height at Kotri Barrage at the River Indus is depleting day by day posing a danger of creating a potable water crisis in supply lines to Karachi as well. Detail

Veterinary College to become first university

LAHORE-The Punjab government has decided in principal to grant College of Veterinary Sciences Lahore the status of animal sciences university. Detail

Use of Laser land leveller can raise production upto 80%

ISLAMABAD-Use of Laser Land Leveler can ensure boosting of crop production by as much as 80% through efficient utilization of water. Detail

Punjab to set up Citrus Research Institute in Sargodha

LAHORE- Punjab government has allocated an amount of Rs 3.7 million for the establishment of Citrus Research Institute in Sargodha to help develop new varieties of citrus fruit especially the world-renowned Kinnoo. Detail

Project launched for seedless Kinnow
FAISALABAD-The Punjab government has launched a multipurpose agriculture project to produce high yielding and disease resistant citrus fruit in the province. Detail

Japan cooperation in agriculture sector discussed
ISLAMABAD-Japan would assist Pakistan in setting up of food processing centre, up-gradation of public facilities, training, research and testing functions of Marine Fishery Department and Karachi Fish Harbour. Detail

Dhabeji: Wheat crop could not be cultivated

DHABEJI-Lakhs of acres of fertile land has been rendered barren, crops and banana garden have withered away because of acute shortage of water in the Indus river. Detail

Tarbela water at dead level
LAHORE—Water level at Tarbela Dam, the largest reservoir of the country, will touch dead level between March 5-6, further aggravating the prevalent paucity of water which has already hit hard the agriculture sector. Detail

Rice export down by 23pc
KARACHI- Country's rice export has declined by 23 per cent or $52.86 million to $233.24 million during the first eight months of the current fiscal year 2001-2002. Detail

Mode of wheat purchase announced
KARACHI-The Government of Sindh has announced the mode for the purchase of wheat crop-2002, whereby, the procurement target has been fixed at 0.3 million tonnes. Detail

Directive to complete agri zone demarcation
KARACHI: The Provincial Agriculture Minister, Hasan Ali Chaniho, has directed the agriculture department to complete the demarcation work of the proposed Agriculture Export Processing Zone by March 15 and determine the standards for trade registration in the zone and ownership rights. Detail

POL prices raised by 0.29-2.9pc
KARACHI-The Oil Companies Advisory Committee (OCAC) on Thursday increased the prices of petrol, diesel, light diesel oil (LDO), high octane blending component (HOBC), JP-4 and JP-1 by 0.29 to 2.29 per cent. Detail

Prices of vegetables, pulses and sugar surge
KARACHI-Consumers came under increasing pressures during February as prices of essential kitchen items - pulses, vegetables, sugar and some rice varieties - went up.

Cotton market lacks lustre

KARACHI- Cotton market on Friday passed through a relatively dull session as both the buyers and the sellers awaited some positive news from the Islamabad meeting and did not indulge in fresh trading. Detail

TCP accepts bid for 5,000 lint bales

KARACHI-The Trading Corporation of Pakistan (TCP) has accepted export contract for 5,000 bales of cotton from the highest bidder who offered 33.06 cents per lb, TCP sources said. Detail

Water position to improve by mid-March: Irsa
ISLAMABAD: Water position at Tarbela, the largest water reservoir of the country, would improve by the third week of March, said Chairman Indus River System Authority (Irsa) Mian Hafizullah on Thursday. Hafizullah made it very clear that no water release would be made from the dead level of Tarbela which was 1,369 feet. Detail

Gulf states lift ban on Pakistani livestock import
ISLAMABAD-The export of Livestock products managed to retain its growth with relaxation of restrictions imposed by the Gulf states last year due to growing fear of sparking animal disease called Rinderpest. Detail

Libya to buy wheat, rice from Pakistan
KARACHI: Libya is interested in buying 200,000 tonnes of wheat and 50,000 tonnes of rice from Pakistan, said Chairman Export Promotion Bureau (EPB), Tariq Ikram here on Wednesday. Detail

Weak palm oil prices discourage imports
KARACHI: Pakistan's palm oil market saw thin demand and lower prices over the past week and dealers said on Tuesday that no improvement was likely until international prices had firmed up. "The market is weak on low demand and buyers are cautious on weak international prices," said Saulat Khan, a palm oil importer in the southern port city of Karachi. "The prices will only improve when China enters into the market."  Detail

Philippines, BD to import 0.3m tons rice
ISLAMABAD, Feb 27: Philippines has decided to import 250,000 tons of rice from Pakistan while Bangladesh will be importing 50,000 tons of rice very soon. Detail;

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