Punjab Seed Corporation budget of worth PKR 270.51 mn approved – Alfalah Securities Limited

Punjab Seed Corporation budget of worth PKR 270.51 mn approved – Alfalah Securities Limited

Karachi: The annual budget of Punjab Seed Corporation (PSC) has been approved of worth PKR 270.51 mn for FY12 by the Punjab Seed Corporation in its 98th annual meeting.

According to the budget approved, high quality seeds of major crops of worth PKR 3.112 bn would be sold to farmers during the current fiscal year which includes 60,000 metric tons of wheat, 5,000 metric tons of cotton, 3,000 metric tons of paddy and 200 metric tons of gram. The supply of seeds to farmers at a reasonable price would enhance the yield of crops and would also improve farmer’s income therefore, Alfalah Securities expects farmers to increase their consumption of fertilizers.

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