Minister for National Food Security Rana Tanveer Hussain has underlined the need for rationalizing taxes and bringing about structural reforms in livestock sector to support farmers and ensure affordability.Speaking at a pre-budget consultation in Islamabad, the Minister said livestock accounts for nearly sixty percent of the agriculture sector and holds significant potential for both domestic nutrition and exports.

He said softening of tax regime can help increase both production and revenue.Rana Tanveer said reducing General Sales Tax on milk is possible, thus proposals like pilot projects for pasteurization and the establishment of safe milk cities are under consideration. He said improving milk quality and formalizing the sector would be key priorities going forward.

Credit: Independent News Pakistan (INP)