Federal Minister for Industries and Production Makhdum Khusro Bakhtya Monday expressed his deep concern over the hoarding of an essential commodity for farmers and asked the provincial governments to take strict action against hoarders and those engaged in black marketing of fertilisers.
He said this while chairing the high-level fertilizer review meeting. The meeting was attended by Hammad Azhar, Minister for Energy and Syed Fakhar Imam, Minister for Food Security and Research. Representatives of fertiliser manufacturers were also participated in the meeting.
The meeting discussed the urea supply and demand position in the country. It was brought to attention of the chair that different dealers had hoarded 4.5 lac tonne urea and gaining absorptive profit of Rs 50 per bag.
The minister stated that the incumbent government took all measures including uninterrupted supply of gas to fertiliser plants to ensure well-timed availability of urea fertiliser to farmers at affordable prices. But the government would not tolerate market exploitation by fertiliser dealers, he added.
He urged representatives of fertiliser industry to blacklist such exploiters to smoothen the supply chain of urea countrywide.
The minister said that the government was closely monitoring distribution and supply of fertilisers to ensure soil nutrients were made available to farmers at affordable prices during rabi season. He also formed the task force committee to monitor the situation pertaining to supply side, marketing balance and regional diversion plan to fill the gap between the supply and demand of urea across the country.
The meeting was also told that owning to current stock of urea, the fresh consignment of 100,000 MT urea would be arriving in the first week of December in the country.