Saturday, July 24, 2021
Home Business FFC welcomes Govt decision to reduce GIDC prices by 400 Rs

FFC welcomes Govt decision to reduce GIDC prices by 400 Rs

A press briefing was conducted by Chief Executive and Managing Director (CE&MD) Fauji Fertilizer Company (FFC) Lt Gen Tariq Khan HI(M), (Retd) aimed to apprise media and general public about misperceptions on reduction of Gas Infrastructure Development Cess (GIDC) issue and also explain facts and figures to quell negative image being associated with FFC.

However, ratification of ECC’s recommendation by Federal Cabinet and the Government’s notification to the effect has been welcomed by CE&MD FFC. He said that it will have direct and positive impact on input cost for farming communities.
FFC has always favoured Government’s decision to reduce urea prices while providing level playing field for all fertilizer manufacturers. Such decisions will help farming communities in alleviating hunger and help improve Food Security of the country.

Must Read

Rockets hit Afghanistan’s presidential palace during Eid prayers today

Rockets hit Afghanistan's presidential palace during Eid prayers today

Another Milestone Achieved by MoITT

ICT export remittances, including telecommunication, computer and information services have surged to US $2.123 billion (largest exporter in services sector & highest net exporter...

Brand Spectrum wins “Best Social Media Influencer Campaign”Recognition at Pakistan Digital Awards 2021

Brand Spectrum has won the Best Social Media Influencer Campaign recognition from Pakistan Digital Awards 2021 for the NESTLE Raita campaign. Brand Spectrum had...

What Makes CAMON 17 Better than Other Phones?

TECNO Pakistan presented CAMON 17 series recently, and we had numerous inquiries that how it's been for clients. There isn't anything to stress over...

vivo Becomes World’s Second-fastest Growing 5G Smartphone Brand, According to Strategy Analytics

vivo became the second-fastest growing 5G smartphone brand globally in Q1 2021, jumping 62 percent quarter-on-quarter to 19 million units shipped, while vivo's 5G...