Young farmers to get loans on easiest terms: Marriyum

F.P. Report
ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Thursday said the nation had witnessed both “constructive and destructive” mindsets in the last one year as the former brought destruction to the country while the latter served the masses.
“Prime Minister Shehbaz Sharif during his ongoing government tenure stabilized the economy while the former ruler sowed the seeds of hatred, chaos and anarchy to train the armed groups which resulted into the May 9 tragedy,” the minister said while addressing a news conference. She said the former ruler would not be remembered as a pragmatic leader as he had played no role in bringing political and economic stability in the country.
On the other hand, PM Shehbaz Sharif and the coalition government’s foremost priority was to ensure political and economic stability in the country as both were intertwined, she added. “We have inherited a ruined economy from the previous government of PTI which left the country at verge of default due to its inefficiency and incompetence,” she said, adding economic uncertainty was now on the retreat with end of political uncertainty.
“The spell of misguidance seems to be breaking while the spell of hatred, mischief and anarchy is ending,” the minister remarked. Marriyum recalled that the previous government first signed the IMF programme, then violated, and finally suspended it. On the other hand, the present coalition government was holding negotiations with the IMF as it was determined to complete the ongoing programme.
She said the incompetent and inefficient PTI regime had laid economic mines and when ousted from the power, it resorted to agitation and long marches to disrupt the development process which was initiated by the coalition government under the leadership of PM Shehbaz Sharif. “The youth was brainwashed and the politics of arson and vandalism was promoted to ruin the economy,” she said while citing the May 9 tragedy as an example when armed groups attacked the sensitive installations.
The minister said the masses were reaping benefits of the reform agenda initiated by the coalition government in last one year with all the economic indicators had been on upward trajectory. The price of LPG domestic cylinder had been reduced from Rs 2,759 to Rs 2,321, which would provide Rs 438 relief to domestic consumers per cylinder, she said, adding the commercial cylinder price had also been reduced by Rs 1,686.
She said the commercial LPG cylinder was earlier being sold at Rs 10,619 and now its price had been fixed at Rs 8,933. The price of cooking oil was decreased by upto Rs 70 per kg, whereas that of flour and wheat had been reduced by Rs 35 to Rs 40 per kg. She said Prime Minister Shehbaz Sharif gave a historic package for farmers which proved a harbinger of bumper wheat crops. The prices of flour, wheat and cooking oil had come down today due to the government policy initiatives.
On the directives of Prime Minister Shehbaz Sharif, she said, young farmers were given loans on the easiest terms and subsidy was given on the DAP fertilizer prices and due to all the initiatives, today the country was moving towards economic stability. Today, the value of the dollar dropped by about Rs 27 due to the prudent policies of the government, she said, adding the PM had directed that direct relief of reduction in the prices of oil, flour and LPG cylinders should be passed on to the common people.
The prime minister, she said, had started consultations related to the budget with the departments concerned and he had formed two sub-committees regarding agriculture. The committees, she said, would be responsible for ensuring supply of quality seeds, import of modern machinery and equipment, and ensuring their availability.
The prime minister directed that all agriculture tube-wells should be fully solar powered and he directed to ensure the best support price of wheat for the prosperity of farmers. She said the scheme to provide direct subsidy on fertilizer to farmers would be implemented in an effective way. The committees would submit their report to the Prime Minister within three days. He also directed to work on oil seeds policy for cooking oil production in Pakistan, she added.
She regretted that the previous government changed the name of the youth programme which was launched by the former prime minister Nawaz Sharif, but failed to empower the youth through their socioeconomic development. The programme had been revived to distribute to 100,000 laptops among the youth, she said, adding the young entrepreneurs continued their work with any disruption during the coronavirus pandemic just due to the laptop scheme which was launched in line with the vision of Prime Minister Shehbaz Sharif.