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PM waives all agri-loans in Malakand

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ISLAMABAD: Prime Minister Yousuf Raza Gilani Tuesday waived all the agri-loans, declaring the Malakand Division a calamity-hit area.

Speaking at Kissan Convention and media here, the PM said the Malakand affectees left their standing crops and migrated; however, the government will give them compensation for it.

The PM Gilani said the affectees of Malakand are Pakistanis and they have right to go to every part of Pakistan, adding they are being registered for financial assistance to be given to them.

The government has increased the subsidized price of wheat from Rs450 to Rs950 per maund, which benefited farmers, adding the cabinet, attended by all the chief minsters will have debate on policy relating agriculture.

Yousuf Raza Gilani informed that the crop insurance has been started, announcing that small cultivators would be given tractors as reward.

“The global economic crisis had impact on our economy and we inherited the power load shedding from the previous government, however, we will get over the problem by the end of this year,” the PM said adding every month a new power plant would be inaugurated.

Speaking on Balochistan issue, he said the sense of deprivation in the people of Balochistan would be ended and an all parties’ conference would be called for the issue.

Responding a question, the Prime Minster said no agri-tax in the budget has yet been decided; however, any final word could be said only after the briefing by the finance ministry.

“We want the resolution of all disputes with India including Kashmir,” he added.

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