The State Bank of Pakistan announced the results of Financial Innovation Challenge Fund (FICF) Round II on Promoting Innovative Rural and Agricultural Finance in Pakistan under the UK’s Department for International Development (DFID) funded Financial Inclusion Programme. The FICF was launched by Finance Minister Ishaq Dar on March 6, 2014, as a strategic intervention for adopting innovations for development of agricultural finance in the country. Governor SBP, Ashraf Mahmood Wathra also addressed the event which was attended by British High […]
Archive for Category: "WareHousing"
THE current slow growth of the agricultural economy can partially be explained by virtual financial exclusion of small growers and unfair pricing of farm produce. And one of the structural flaws in the sector is the lack of proper storage facility for crops. This not only compromises adequate availability of food items but also makes a reliable price discovery system difficult for domestic and export markets. To help resolve these problems, the State Bank of Pakistan has developed a comprehensive […]
By Pratik Parija and Prabhudatta Mishra – Jun 14, 2012 India, the world’s second-biggest wheat producer, risks losing more than 6 million metric tons of grain to rain and pests as the country lacks warehouses to stockpile crops that have risen to records for six years. Wheat is kept in the open across markets in north India as state granaries are overflowing with about 82 million tons of rice and wheat, Food Minister K.V. Thomas said in an interview in […]