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2016 | OriginalPaper | Chapter
11. Pakistan: Product Specific Support to Wheat Under WTO Regime
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Abstract
Food security policies in Pakistan aim at balancing the interest of producers by supporting farm income and ensuring price stability along with affordable prices of foodgrain to safeguard the interest of consumers. Provincial governments (Punjab, Sindh and Balochistan) and Pakistan Agricultural Storage and Services Corporation Ltd (PASSCO) provide price support to wheat through procurement at the administered price for food security purposes. In this context this chapter deals with estimating and analysing product specific support to wheat during 1995–96 to 2011–12. Result shows that product specific support to wheat in US$ has crossed the maximum permissible product specific support limit for Pakistan during 2008–2009, 2009–2010 and 2011–2012. In Pakistani Rupees, product specific support was above the de minimis limit from 1997–1998 onwards. It clearly shows that Pakistan is facing severe constraints to implement the policy of price support based procurement of wheat for food security purpose under WTO regime.