The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Wednesday called for strengthening the agriculture sector under the CPEC framework. AFP/File
ISLAMABAD: The Parliamentary Committee on China-Pakistan Economic Corridor (CPEC) on Wednesday called for strengthening the agriculture sector under the CPEC framework by observing that this diminishing sector has the potential source of employment for the people of the country.
The committee, chaired by Sher Ali Arbab, emphasised that Pakistan needs not to rely on China for technological transfer rather boost its capacity building. The country needs to enhance the areas of research to encourage indigenous technological innovations and modernise its agriculture sector, the meeting noted.
ECC okays removal of customs duty
Waives additional 2% duty on 152 tariff lines, endorses more wheat import
Earlier, the ECC had deferred its approval following opposition from the FBR to the removal of additional customs duty from 152 tariff lines. PHOTO: PID
ISLAMABAD:
The Economic Coordination Committee (ECC) of the cabinet has approved the removal of additional 2% customs duty on 152 tariff lines, mostly raw material, under the National Tariff Policy 2019-24.
Federal Minister for Finance Abdul Hafeez Shaikh chaired a meeting of the ECC on Wednesday.
The Ministry of Commerce presented a summary regarding removal of additional 2% customs duty on 152 tariff lines, mostly raw material, on a horizontal basis under the National Tariff Policy 2019-24. These items are currently subject to 3% customs duty.
According to its agenda, the CSB is considering promotions of all service cadres of the civil bureaucracy. Creative Commons/File
ISLAMABAD: The Central Selection Board (CSB) has recommended promotion of bureaucrats belonging to the Police Service of Pakistan (PSP), Pakistan Administrative Service (PAS), Secretariat Group and Federal Board of Revenue (FBR) in BS-21 and BS-20.
Federal Public Service Commission (FPSC) chairman Zahid Saeed convened a meeting of the board from Jan 4 to 6 to consider 396 officers for promotion. According to its agenda, the CSB is considering promotions of all service cadres of the civil bureaucracy.
Sources in the CSB said the newly appointed chairman of the commission was taking too much time to examine the case of each and every officer, with the result that the board was much behind its schedule. They explained that the board was supposed to examine the promotion of PSP officers at 10.45am, Secretariat Group officers at 12.15pm, PAS at 2pm and Info
Wheat cultivation targets in Punjab surpassed, as sowing achieved over 101.90% of set targets
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Wheat cultivation targets in Punjab surpassed, as sowing achieved over 101.90% of set targets
ISLAMABAD (Dunya News) - Wheat sowing during current cultivation drive had witnessed significant momentum as crop cultivation targets in Punjab was surpassed by 101.90 % as compared the sowing of same period of last year.
Meanwhile, 94 percent area in Singh which was the second largest grain producing province was achieved during Rabi 2020-21.
The crop sowing in Khyber Pakhtunkhwa and Balochistan were achieved 80 percent and 84.55 percent respectively.
Overall, wheat sowing during current Rabi Season has completed over 9 million hectares as against the set targets of 9.210 million hectares to tackle with the domestic staple food requirements as well as for exporting.
Inflation spirals in 2020
ISLAMABAD:
The Pakistan Tehreek-e-Insaf (PTI) government’s mishandling of wheat and sugar commodities cost the country over $520 million in imports, giving over Rs100 billion hit to the national exchequer and above all forcing consumers to bear the brunt by paying 50% higher prices in 2020.
During the whole year, the inexperienced government of Prime Minister Imran Khan struggled hard to manage supplies of wheat and sugar. Its import operations were also marred by delays and high costs. All administrative steps taken to regulate prices of wheat and sugar failed to yield the desired results.
PM Imran’s decision to order and then made public the Federal Investigation Agency (FIA)-led wheat and sugar crisis inquiry reports also did not help to bring the prices down. Fingers were pointed at PTI’s bigwigs like Jahangir Khan Tareen, cabinet ministers and allies of the ruling party.