Minister Rana Tanveer Reverses Urea Price Hike

In a recent development, Minister for Industries and Production, Rana Tanveer, has issued a directive to fertilizer companies to immediately roll back the recent increase in urea prices. This decision comes in response to concerns raised by farmers and stakeholders regarding the affordability of urea, a crucial agricultural input.

Rana Tanveer Hussain emphasized that the government is taking proactive steps to address the situation by deciding to import 200,000 metric tons of urea. This move aims to stabilize the urea market and ensure an adequate supply of this essential fertilizer for the upcoming agricultural season.

The decision to reverse the urea price hike reflects the government's commitment to supporting farmers and promoting agricultural productivity. By intervening in the pricing mechanism of urea, the authorities seek to mitigate the financial burden on farmers and enable them to access necessary inputs at reasonable rates.

The directive from Minister Rana Tanveer to reverse the recent urea price hike and the decision to import a significant quantity of urea demonstrate the government's responsiveness to the needs of the agricultural sector. This proactive approach is expected to benefit farmers and contribute to sustaining agricultural growth in the country.