Mian Manzoor Wattoo expresses disappointment over the treatment meted out to the rice crop in the budget

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Mian Manzoor Ahmed Wattoo, President Punjab PPP, has regretted the treatment meted out to the rice crop by the Finance Minister in his budge speech. Not a grain of mention of rice in the one of the lengthiest budget speeches, not much substance in it, by any the Finance Minister, he observed in a statement issued here today.

He said that rice export contributed about two billions dollars per annum in foreign exchange and yet apathy of the Finances Minister was both laughable and mind blowing.

Mian Manzoor Ahmed Wattoo maintained that due to the step motherly treatment to paddy growers and exporters, Indians and Thais exporters were capturing the international market of rice despite the fact that Pakistan produced the finest quality of rice.

He called upon the government to fix the support price of the Irri rice Rs. 1500 per forty KG and Rs, 3000 of Basmati rice per 40 KG.as an incentive.

He also demanded that the support price of cotton seed (Phutti) should be fixed at Rs. 5000 per 40 KG. In the absence of the increase in the support price of the cotton seed the growers would shift to other crops for yielding better dividends of their blood and toil.

Mian Manzoor Ahmed Wattoo added that incentives to the cotton growers were of profound importance because the agro-based industry would get the raw material at competitive rates locally enabling the industry to earn competitive edge over the competitors in the international market.

He pointed out that textile sector was very important for the country’s economy because of its more than 50% contributions in the GDP.adding about 60% country’s export consist of textile products.

Mian Manzoor Ahmeed Wattoo reiterated that the PPP Punjab fully supported the demands of Kissan Ittehad and would stand by them for the acceptance of their legitimate demands.

09-6-2014

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