Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

Education initiatives

 The Company’s education program consists of adoption of 10 government schools in


Daharki, 11 Katcha Schools and a school run by Sahara Welfare Society.

 A joint assessment of adopted schools was carried out with Indus Resource Centre, a
reputed NGO in education sector, and recommendations are being implemented to
improve program’s impact.

Skill Initiatives

 Technical Training College (TTC) Daharki, an independent concern which Engro


helped establish, is pivotal to Company’s skills development programs.

 TTC offers 3 year Diploma in Associated Engineering (DAE) in Chemical and


Mechanical technologies and shorter-term vocational training programs providing
opportunity to local youth to meet the industry demand.

Use bio chemicals & organic chemicals

 Bioorganic farming works in harmony with the natural system, encourages and
enhances biological cycles within the farming system

 Due to Use of organic chemicals environment become healthy and decrease the rate
of diseases

Awareness about global warming and health consciousness

 The awareness about global warming, health consciousness and safety has not been
significant but now the awareness ratio rising rapidly in the society especially
increasing literacy rate in IT and engineering sectors

Attitude of farmers towards fertilizer industry

 The farmers grow by age they tend to get price conscious. They become more of those who
are saving more and investing less. Due to low level of income and government subsidies on
urea farmers use nitrogenous fertilizers for high yield of crops

https://fp.brecorder.com/2018/07/20180708388748/

 Higher international prices may force the Government of Pakistan to reduce urea
imports due to limitations on foreign exchange reserves which will eventually provide
breathing space to local fertilizer manufacturers
 The government is also proposing to reduce general ST on urea from 5% to 2% and to
terminate the Rs100/bag cash subsidy regime which would increase the retail price for
farmers.

 In order to facilitate the farmers and meet their urea’s demand, the committee
approved immediate import of 100,000 tons of urea, The committee decided to allow
additional import of urea if gap between demand and supply couldn’t be curtailed.

 In the existing tax regime tax rates vary greatly from 3.55% (SSP) to 11.73% (NPK).
Due to these distortions farmers prefer to use higher dosages of Urea and low grade P-
based fertilizers. This anomaly is negatively affecting productivity of major crops in
general and high value crops in particular.

 Imposition of uniform tax rates will result into decrease in market prices of fertilizers,
consequently their use will be higher and balance among nutrients application will
improve.

You might also like