Costly inputs to affect Punjab’s rice crop

Published August 13, 2020
Overall, 52.2pc of the farmers reported an increase in the cost of farm inputs due to Covid-19. — APP/File
Overall, 52.2pc of the farmers reported an increase in the cost of farm inputs due to Covid-19. — APP/File

ISLAMABAD: Farmers in Punjab have lost earnings during the pandemic and may not be able to buy inputs for rice production due to higher prices, according to survey carried out by the Asian Development Bank on ‘Covid-19 Impact on Farm Households in Punjab’.

Rice is a major staple crop and an important export product, and increased input prices may cause significant problems for the country’s economy.

ADB conducted a computer-assisted telephonic survey of 668 farmers across 10 districts of Punjab and interviewed over 400 farmers. About 62 per cent of total respondents reported financial difficulties in recent months because of the Covid-19. Nearly 89pc of respondents who did so indicated the purchase of inputs as their primary concern, while a minority cited liabilities, including loans from banks and non-bank lenders.

Moreover, 33pc of respondents indicated that their households experienced losses in wages and non-farm earnings because of Covid-19, and 22pc reported that at least one family member had returned home from urban and other areas.

Farm households are burdened by increase in the number of household members and reduced cash income, which resulted in reduced non-food expenditures (11pc) and lower food consumption (9.8pc).

Overall, 52.2pc of the farmers reported an increase in the cost of farm inputs due to Covid-19. Majority stated that the cost of seed had increased, while a sizable share noted higher prices for fertilisers and pesticides.

Regarding labour availability, most responding farmers stated they did not have problems in finding workers for the next crop cycle. Most reported not having any trouble finding machines for preparing land or sowing crops.

Published in Dawn, August 13th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

A dying light
Updated 23 Jan, 2025

A dying light

Objections to the 26th Amendment must be settled quickly for the Supreme Court's sake.
Controversial canals
23 Jan, 2025

Controversial canals

THE Punjab government’s contentious plans to build new canals to facilitate corporate farming in the province ...
Killjoys
23 Jan, 2025

Killjoys

THE skies over Lahore have fallen silent. Punjab’s latest legislation banning kite flying represents a troubling...
Errant ECP
Updated 22 Jan, 2025

Errant ECP

THE ECP has once again earned a detailed reprimand from the Supreme Court. That it still refuses to correct course is ominous
Fast-tracking M6
Updated 22 Jan, 2025

Fast-tracking M6

GRAND infrastructure projects in Pakistan often progress at the pace of a bullock cart rather than a bullet train....
Gwadar airport
Updated 22 Jan, 2025

Gwadar airport

THE air connectivity established by the inauguration of PIA flights between Karachi and Gwadar is a major step...