As the Kharif sowing season has already got under way with cotton being its major crop, the urea price hike will dent the income of farmers. The main agenda of the meeting, chaired by the national food security minister and attended by industry representatives, was the increase in urea prices. He, however, voiced concern over the unilateral increase in urea prices that caused embarrassment for the outgoing government. They pointed to the government’s failure to meet its commitment and reluctance of the Ministry of Finance to release the subsidy. He called the finance minister during the course of the meeting during which the national food security minister talked about the release of subsidy.

Source: The Express Tribune May 12, 2018 03:33 UTC