April 15, 2024 23:32 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi excise policy case: Arvind Kejriwal to remain in jail as Supreme Court turns down urgent hearing | Excise policy case: Delhi court extends BRS leader K Kavitha's judicial custody to April 23 | 'What else is Congress doing other than looting?': Kangana Ranaut in Himachal Pradesh | Iran could attack Israel sooner than later, warns US President Joe Biden | Amid unemployment, inflation issues, PM Modi's leadership likely to help his third consecutive term at govt: Survey
Pakistan likely to miss wheat production target once again Pakistan Wheat Production
Image: Pixabay

Pakistan likely to miss wheat production target once again

India Blooms News Service | @indiablooms | 12 Mar 2023, 11:05 pm

Islamabad: Pakistan might once again miss the target of producing  1.7 million tonnes of wheat in the current fiscal year, media reports said.

Officials told The News International that wheat production in Punjab is set to witness a major blow during the current fiscal year 2022-23, amid negative impacts of climate change as well as crop substitution, sowing other crops than wheat for profitability.

He added that the wheat production is likely to remain around 26.7 million tonnes as against the envisaged wheat production target of 28.4 million tonnes.

Besides, there is a looming shortage of wheat in the next fiscal year as well and the government will have to count on the import of wheat in order to meet the domestic requirements of staple food, the newspaper reported.

The import of wheat is going to witness an upsurge at a time when the country is facing the worst-ever dollar liquidity crunch.

“There will be no other option but to import 3-3.5 million tonnes of wheat for the next fiscal year in order to meet domestic as well as Afghanistan’s requirements. This is more than the import target of 2.6 million tonnes of wheat for the current fiscal year,” top official sources confirmed while talking to The News here on Friday.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.