Mughal claimed that after the depreciation of Pakistani rupee against greenback, companies, providing different agricultural inputs including fertilizers, pesticides, diesel, water charges, have increased the prices of these items from 30 to 60 percent.
In such a case, there is a need to reevaluate the worth of these crops and minimum purchase price of wheat should be fixed at Rs1500 per maund, cotton (Phutti) at Rs5,000 per maund, Sugarcane at Rs350 per maund, coarse paddy at Rs1600 per maund, paddy basmati at Rs3200 per maund, corn at Rs1450 per maund, sunflower at Rs4000 per maund and canola at Rs4200 per maund.
Ibrahim Mughal was of the view that if the government fails to refresh the prices of these agricultural commodities upward, then at present our import bill for lentils, edible oil, fruit and vegetables is around Rs600 billion may reach Rs1000 billion per annum.