Trade and markets
 

Detail

Area
Pakistan
Commodity Group
Rice
Commodity
All
Date
05/06/2015
Policy Category
Production
Policy Instrument
Budgetary allocations, production support, export promotion
Description
As part of its 2015/2016 budgetary allocations, announced that in order to aid farmers face irrigation costs associated with reliance on fuel or electricity powered tube wells, credit incentives will be provided to agricultural producers to substitute them with solar tube wells. Additional provisions include, tax exemptions to rice processor facing losses arising from subdued export demand, further to the continuation of schemes facilitating access to credit, reductions to levies and taxes on imported agricultural machinery and equipment.