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Water shortage soars to over 17pc: Sindh, Punjab lock horns over water losses

Top Story May 25, 2021 ISLAMABAD: Sindh and Punjab had a heated debate over non-implementation of para-2 of 1991 of the Water Apportionment Accord and huge water losses between Taunsa and Kotri in the NA Standing Committee on Water, presided over by Nawab Mohammad Yousuf Talpur, on Monday. However, the meeting recommended to IRSA to implement Para-2 of the Water Accord as demanded by Sindh. IRSA also asked to send its inspectors to assess if misreporting was being done by the Sindh Irrigation department. The NA committee also asked the water regulator to provide full share to Sindh and Balochistan. The IRSA chairman, Rao Irshad Ali Khan, who is also member Punjab, told the participants that IRSA had anticipated 10 percent shortages from April 1 to May 20, whereas 20 percent shortages occurred in real terms. IRSA, he said, has now revised its projections upward and expects 17 percent shortages from now onward up to June 10, keeping in view the dwindling water flows in all rivers.

Farmers Cash Bonanza and Bayer Reacts to Roundup Decision - AG INFORMATION NETWORK OF THE WEST

Farmers Cash Bonanza and Bayer Reacts to Roundup Decision Friday May 21st, 2021 Lack of water will mean reduced rice production in the Sacramento Valley. This is the time of year when farmers plant rice, but analysts believe acreage will be down about 20% because of water restrictions. In some cases, rice farmers will leave land idle in order to transfer part of their water supply to users in other regions. Although acreage will be down, rice planting has proceeded smoothly due to favorable spring weather. Farmers in the Midwest and Plains are reaping a cash bonanza that’s dramatically improved their finances a year after the pandemic pummeled commodity markets and prompted a record $46 billion in federal payments to agriculture.

Losses linger for stocks as caution sets in

Losses linger for stocks as caution sets in Business May 21, 2021 Stocks quit more gains on Thursday as political misgivings continued to tweak with the sentiment with caution setting in ahead of rollover week, dealers said. Pakistan Stock Exchange s (PSX) benchmark KSE-100 Share Index lost 108.04 points or 0.24 percent to close at 45,574.07 points. However, turnover increased by 206 million shares to 784.03 million from 578.30 million on Wednesday, while trading value ticked up to Rs20.82 billion against Rs20.79 billion. Topline Securities in its daily market review said after slight positive opening, the market traded in range as investors were wary of upcoming rollover week. Banks were the major laggards in today’s trading session where HBL, HMB, MCB and UBL dented the index by 96 points cumulatively further E&P (oil and gas exploration and production)

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