ISLAMABAD: Pakistan High Tech Hybrid Seed Association (PHHSA) Chairman Shahzad Ali Malik said on Sunday that decision on conclusion of 17% sales tax on All types of seeds will fully encourage growers and farmers use Hello tech hybrid seeds for receiving double triple the yield.
He expressed these views while presiding over the meeting. of association is here today to express highest degree of thanks to Prime Minister Shehbaz Sharif, Federal Minister of Finance Miftah Ismail, Foreign Minister Bilawal Bhutto Zardari, Federal Minister of Food Security and Punjab Governor Balig Ur Rehman for in your field of influence to pave way for conclusion of unreasonable sales tax on seed.
He said it would increase agricultural production to meet the ever-increasing demand for staple foods. of growing population in commemoration of looming threat of food insecurity.
He said that the agricultural sector is indispensable for the country’s economy. growth food security, job creation and extreme poverty alleviation, especially in rural areas, which is 20% of GDP and provides employment up to 40% of labor, work force.
He said rice is cash crop, which for four percent of Meaning added and ranks second among the main food grains, as well as the main source of foreign currency.
He said in Pakistani agricultural economy rice plays multiple roles.
Shahzad Ali Malik said that agriculture is the backbone of Pakistan economy and most of population is directly or indirectly depends on It.
He said hi tech hybrid seed technology revolutionized in agriculture especially rice manufacturers with an excellent harvest in income will increase not only their profitability, but also increase exports.
