Area
Pakistan
Commodity Group
Oilseeds, oils and meals
Commodity
Oilcrops
Date
01/03/2019
Policy Category
Production
Policy Instrument
Sector development measures
Description
Presented a five-year action plan to boost the agricultural sector, including incentives to encourage domestic oilseed production.
Notes
Reportedly, the Federal Government approved spending of PKR 290 billion (USD 1.9 billion) over the next five years for the development of the agricultural sector, including the promotion of oilseed cultivation. Meanwhile, the Provincial Government of the Punjab decided to extend its oilcrop promotion programme, which comprises producer subsidies of PKR 5 000 per acre (USD 81 per ha) for cultivating up to 10 acres of rapeseed or sunflowerseed.
