The Committee reviewed the overall performance of the Standing Committee during the last three years which included resolving the matter of 1400 acres of land of Pakistan Agricultural Research Council (PARC) by repeated instructions and consistent determination, passage of seed amendment bill, plant breeders act, resolving the matter of irregular appointments in Zarai Taraqiati Bank Limited (ZTBL), resolving wheat procurement issue between Sindh Government and PASSCO
, and making the Kunri Chilli Drying Plant operational.
The minister expressed her satisfaction over the arrangements by the PASSCO
for the procurement of wheat.
The MD said that the PASSCO
had Rs7 billion receivables in arrears against Gilgit-Baltistan and AJK.
The officials said the loss was incurred due to non-maintenance of strategic reserves by the PASSCO
Managing Director (MD), PASSCO
briefed the Committee about the Current PASSCO
stock situation of wheat, Domestic Wheat releases and export prospects and steps being taken for procurement of wheat during 2018.
The ECC also approval another proposal of the Ministry of National Food Security and Research regarding outstanding claims of PASSCO
on account of wheat supplied to Afghanistan.
He said that if quota of Punjab was not given to Food Dept the situation could go worst here, as the PASSCO
6 million tonnes, so far PASSCO
has managed to get Rs 29 billion through bank borrowings and distributed among PASSCO
13 zones, which was enough to procure 1.
The meeting was held in the PASSCO
Head Office, Lahore, which was also attended, among others, by Sikandar Hayat Khan Bosan, Federal Minister for MNFSR and Seerat Asghar, Secretary MNFSR.
The 500 HDPSP kits handed over to PASSCO
will be positioned at PASSCO
Zones in Hafizabad (50), Pakpattan (50), Vehari (100), Khanewal (50), Lodhran (75), Bahawalnagar (100), Alipur (25), Khanpur (25), Leyyah (25).
The Economic Co-ordination Committee (ECC) of the Cabinet has recently ordered a probe against PASSCO
for inflicting Rs 2.
Wheat commissioner informed that to facilitate the growers PASSCO
has established 187 procurement centers in Punjab and Sindh provinces where as Food Department Balochistan would procure wheat in the province, he added.