Govt urged for working out package of incentives for flood hit farmers.

ISLAMABAD -- The government on Wednesday was urged to work out result oriented packages of incentives to hard hit flood affected farmers to avert impending hovering food crisis as well as revival of local agriculture sector.

Talking to a delegation of flood affected farmers drawn across the country led by Haris Ahmad, Chairman United Business Group (UBG) in Federation of Pakistan Chamber of Commerce and Industry Shahzad Ali Malik said the super flash flooding has crippled our agriculture sector, crops along with thousands of live stocks.

It put negative impact on wheat stores and fertilizers have also been damaged prompting warnings of looming food crisis, he said adding that the damage to agriculture sector could also be felt across the globe.

He said Pakistan is one of the top producers and exporters of cotton and rice crops that have been devastated by the flood. As such half of our cotton has been destroyed,an alarm to global cotton production in a year when cotton prices have soared as other major producers from the US to China have also been hit with extreme weather.

He said double digit inflation sent the prices of basic goods soaring in Pakistan making difficult for farmers to buy agricultural inputs.

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