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PMEX halts red chilli trade on quality, supply issues

PMEX halts red chilli trade on quality, supply issues Business April 10, 2021 KARACHI: Online trade of Sindh’s red chilli remains halted at the Pakistan Mercantile Exchange (PMEX) due to a lack of interest among traders, as well as poor quality of the commodity and declining supplies, stakeholders said on Friday. A progressive farmer from Kunri, Sindh and Red Chilli Growers Association’s representative Mian Saleem told The News that “we had to import 400 containers of chilli from Egypt for our consumption last year. Previously, we used to export”. Online trade of chilli stopped two years back “as quality of Sindh’s chilli deteriorated because of an unknown virus” and they were unable to meet demand. The virus attacked premium quality chilli in Sindh, which affected supplies.

Digital transformation in agri sector

Digital transformation in agri sector Any reforms to reduce inflation without transforming agriculture are not sustainable PHOTO: AGENCIES ISLAMABAD: While the media was focused on developments on the political front keeping a close watch on every manoeuvre of the Pakistan Democratic Movement (PDM) to topple the government, it turns out that the real threat to the Pakistan Tehreek-e-Insaf (PTI) government lies far away from the political hue and cry and into the management of economic affairs. Although there was no long march by the opposition alliance in the month of March, the government had to succumb to the mounting inflationary pressures with a major shake-up in the Q-Block for the final innings leading to general elections.

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