Tag: fetch

Rains to fetch Rs 15b benefits to farm sector

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article image STAFF REPORT LHR: The recent spell of widespread rains have given a benefit of at least Rs 15 billion to the farmers at a very critical stage of crops especially, wheat, grams, mustards, oil seeds, vegetables and fodder."Rabi crops had been sown over 2.2 million acres of land in the province of Punjab. These crops need urgent watering at middle stage of their growth since irrigation canal had remained closed for de-silting purposes," said Director General Agriculture Extension Services…Read More

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3G licence auction may fetch over $1b

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article image STAFF REPORT IBD: The government of Pakistan is expected to get over one billion US dollars through the auction of 3G licences as against a minimum target of $850 million, resulting positive impacts on economy mainly to contain a widening fiscal deficit of the country."The government’s projected privatization proceeds of $800 million of PTCL will add handsome financial inflows to the state kitty along with different sources such as issuance of $500 million "euro bonds" and $800…Read More

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