Tag: 15pc

Urea sale declines by 15pc

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STAFF REPORT KHI: The sales of Urea in November 2014 fell 15 per cent year-on-year basis but improved 14 per cent month-on-month basis, according to the latest data of the National Fertilizer Development Centre (NFDC). On a month-on-month basis, urea off-take increased to 467,000 tons. On the other hand, diammonium phosphate (DAP) off-take registered a significant growth of 30 per cent on a monthly basis while its sales dropped 6 per cent year-on-year. In the first 11 months of calendar…Read More

Farm credit release down by 15pc

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article image STAFF REPORT KHI: The agricultural credit disbursement by banks surged by 15.29 per cent on year-on-year basis to Rs 223.845 billion in the first ten months of the current fiscal year. In absolute terms, disbursement of credit to the agriculture sector increased by over Rs 29.688 billion in July-April, 2012 when compared with total disbursement of Rs 194.157 billion in the same period of the last fiscal year.In total, the credit disbursement by five major commercial banks including ABL, HBL, MCB…Read More