Sindh govt announces to allot farmers 52,000 acres of state land

CORPORATE AGRICULTURE FARMING

City News Dec, 4 2023
Sindh govt announces to allot farmers 52,000 acres of state land
  • 287
  • 0

KARACHI: The caretaker Sindh government has approved the allocation of over 52,000 acres of state land for corporate agriculture farming, reveal official documents.

Last week, the interim Sindh government gave the final go-ahead to allot 52,713 acres of state land for the project. Of which, 28,000 land will be handed over in Khairpur, 10,000 in Mithi, 9,305 in Dadu, 3,408 in Sujawal, 1,000 acres in Thatta and 1,000 in Badin. The land is being granted under the umbrella of the Special Investment Facilitation Council (SIFC), a top civil-military body that was set up in June to attract foreign investments in the country.

Earlier this year, the chief secretary of Sindh had directed the provincial Land Utilization Department and the Board of Revenue to report back on the availability of “sufficient state land” in the province, which “can be leased out and utilised for corporate agriculture farming”, state documents seen by Geo.tv.

The documents even recommend that the land be leased out to the Pakistan army, insisting that the latter had a “well-trained manpower” for the job. To ease and regulate the grant of land, the Sindh government has also notified a Statement of Conditions under the British-era law, the Colonization of Government Lands Act 1912.

As per the Statement of Conditions, the government-owned land will be leased out through an open auction for 20 years to a person or an entity. The lessee will then use it for agriculture research, farming, import substitution, livestock research, etc.

The Sindh government will be entitled to 33% of the profits earned from this project. While the Statement of Conditions restricts federal and provincial government departments from taking part in the open auction, it allows private companies to bid for the land. The agenda of a Sindh’s cabinet meeting, held on December 1, even suggests that the interim Sindh government plans to lease out the state land to a private company run by the Pakistan military.

Published in The Daily National Courier, December, 05 2023

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

Staff Reporter
Staff Reporter https://www.dailynationalcourier.com/author/staff-reporter
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Late buying helps KSE 100 index cut losses

KARACHI: The Pakistan Stock Exchange (PSX) experienced another turbulent session on Tuesday, with the KSE-100 Index seeing significant fluctuations before closing down by 202 points. The market started on a positive note, reaching an intra-day high o...

Gold price per tola gains Rs1,000

KARACHI: Gold prices in Pakistan saw an increase on Tuesday, following a rise in international rates. In the local market, the price of gold per tola rose by Rs1,000, reaching Rs276,000. Similarly, the price of 10-gram gold increased by Rs857, settl...

NEPRA cuts electricity tariffs

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices under the monthly Fuel Price Adjustment (FCA), providing relief to consumers. For consumers of government-owned Distribution Companie...

Govt to abolish 150,000 vacant posts, says Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced on Tuesday that the government will abolish 150,000 vacant positions across various government departments as part of a comprehensive strategy to reduce federa...

More like this
Related

At least 13 dead as cold wave grips Karachi

KARACHI: Karachi’s ongoing cold wave has claimed the lives of 13 people over the past six weeks, with most of the victims being homeless and drug addicts, according to the Chhipa Foundation. The victims' bodies were discovered at various locat...

Empowering girls from Afghan refugees, locals communities via vocational training’

Karachi: The Makhani Welfare Foundation, a U.S.-Pakistan diaspora organization, proudly hosted a Certificate Distribution Ceremony to celebrate the remarkable achievements of participants in its community welfare programs over the past year. The even...

PIA announces new flight destinations across Pakistan, abroad

KARACHI: Pakistan International Airlines (PIA) announces to launch six new flight routes in January 2025, expanding both its international and domestic networks as the national carrier strengthens its presence in the Middle East. The expansion inclu...

Senator Amir Chishti lauds CPSP’s commendable efforts

KARACHI: A visit of the Senate Standing Committee on National Health, Regulations and Coordination was held at College of Physicians and Surgeons Pakistan, Karachi under the Chairmanship of Senator Amir Waliuddin Chishti. At the outset, the Chairman...
Need Help? Chat with us