Home Business & Finance APLDA hails federal and provincial budgets 2020-21 of Punjab and Sindh at wake of Covid-19

APLDA hails federal and provincial budgets 2020-21 of Punjab and Sindh at wake of Covid-19

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News Desk

LAHORE: The Core Committee of All Pakistan Livestock & Dairy Association (APLDA) termed the federal budget 2020-21 and the Provincial Budgets of Punjab, and Sindh as tax free and balanced in prevailing circumstances in light of Covid-19 impact. The Federal Government and respective Provincial Governments are graciously commended for allocating maximum funds for agriculture, livestock and Dairy sectors and on more importantly on specific projects.

Commenting on the budget, APLDA hailed the reforms for ease of doing business and said that the measures introduced in the budget would help to set a proper direction of the national economy.

Pakistan’s Economy is going through a challenging phase due to the outbreak of global Covid-19 pandemic. The most impacted section of our society is the businesses. The manufacturers, traders, retailers, importers/exporters and other segments of the business community are in distress and facing huge financial losses due to the current emergency situation as no business activity is going on in the country.

The agriculture, Livestock sectors are targeted to grow by 2.8 percent and there is dire need to enhance this growth to its maximum size as Pakistan cannot progress without developed agricultural and livestock sectors. It is the dire need of the hour to use the modern techniques for increasing the per acre yield, adding, the government allocated funds for the research and development activities to put the agri, livestock and dairy sectors on modern lines.

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