Islamabad, Pakistan
June 25, 2009
Source:
Pakistan Biotechnology
Information Center (PABIC)
Allocation of Budget 2009-2010
for biotech research and development in Pakistan
Advisor to Prime Minister on Finance Shaukat Tarin, along with
Minister of State for Finance and Economic Affairs Hina Rabbani
Khar, said that the government is focusing on research and
development by upgrading existing R&D facilities and initiating
the establishment of two world class institutes of research for
wheat and cotton.
Establishment of ten model agricultural union councils for each
major crop across the country will be undertaken, besides
promoting the model organic farming.The policy measures
undertaken by the government have led to an estimated transfer
of resources of about Rs 294 million into the rural economy.
Government has signed an agreement with Ms Monsanto of United
States to formally introduce genetically modified cotton into
Pakistan on a fast rack basis. It has been planned that the
farmers will be offered Bt cotton hybrids varieties during
fiscal year 2009-2010.
The Minister said that it is the vision of the government to
treat livestock, agriculture and fisheries as an industry. In
this context, the nil custom duty regime on tractors, poultry
inputs and cattle feed would be continued in future.
Source: Ijaz Ahmad Rao
|
|