Urea prices fixed at Rs1,768 per bag | The Express Tribune



ISLAMABAD:

The Ministry of Industries and Manufacturing has fastened the utmost retail worth of urea at Rs1,768 per 50kg bag, aimed toward offering aid to the farmers throughout the nation.

In response to a notification issued by the ministry, the provinces and federal businesses have been allowed so as to add an allowance to be notified later for further transportation prices in distant areas.

The ministry introduced that the order would stay in drive until July 7, 2022 until rescinded or modified earlier.

It identified that it had been noticed that costs of urea have been elevated by Rs165 per bag (by three firms) and Rs249 per bag (by one different firm), which was unjustified and with none legitimate base.

It stated that the hike in costs may adversely have an effect on the farmers and urea software within the ongoing Kharif sowing season and consequently could create scarcity of important meals objects and endanger meals safety.

The ministry harassed that the costs have been elevated regardless of the supply of subsidised fuel by the federal government to the fertiliser sector, realizing that the influence of subsidised fuel can be handed on to the farmers, as per Fertiliser Coverage 2022.

Printed in The Specific Tribune, Could 28th, 2022.

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