wheat economic growth

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  • 7/30/2019 Wheat economic growth

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  • 7/30/2019 Wheat economic growth

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    WHEAT TRADE IN PAKISTAN

    The imports of wheat were increased to almost 6 million tons in the year 2005-2006 with a lower critic limit of 3.5

    million tones. In 2007 the imports were recorded as 1,700 million tons after a shortfall of wheat while in 2008 it was

    more decreased and recorded as 1,500 million tons and in the previous year 2009 it were recorded as 1,000 million tons

    PROBLEMS OF WHEAT INDUSTRY IN PAKISTAN

    Over the last 50 years since the independence of Pakistan, the policy-makers have not been able to develop a

    satisfactory policy for the basic necessity of its people, food. Every new government experiments with this policy, at the

    expense of the people, and there is no consistency at all. At times we have surplus wheat which rots away in open

    storages. Storage capacity is less than the required storage therefore the excess amount of wheat is smuggled to

    Afghanistan and India majorly because in Afghanistan there is no wheat industry at all and in India there is a huge

    population.

    RECOMMENDATIONS

    The government ought to review its demand-supply position around September-October and if needed it oughto place order for import before the high season starts.

    Policies can produce lasting and satisfactory results only, if they are easily implemented, and the legitimateinterests of all stakeholders are recognized and catered for.

    The flour mills should be facilitated to build storage facilities in order to prevent wheat stealing and wastage onthe way moving wheat from one place to another.

    If as a social decision, farmers need to be subsidized (as is the case in many other developed countries), it oughtto be done in the form of items like crop insurance, tax free pesticide supply, and provision of cheaper and

    better seeds to increase yields etc.

    The government should emphasize on any one problem either on increasing population or on stagnantproduction.

    For more productivity in wheat crop the requirements are:

    To ensure food security Export the surplus wheat crop Modern wheat storage methods

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    ROLE OF

    NATURALRESOURCES

    IN PAKISTANS

    ECONOMIC DEVELOPMENT

    SUBMITTED BY

    Faizan Javed, Sameer Mateen, Umair Javed khan

    Syed Imran Ahmed, Abdus Samad Iqba

    SUBMITTED

    Miss Urooj