PAC

Area Yield Index Insurance scheme proposed by PAC leads to heat wave payout

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In the Area Yield Index Insurance (AYII) scheme proposed by Pakistan Agricultural Coalition (PAC), if average area yields drop below 70% of the historical yield in an area, then farmers are entitled to insurance payouts. Unlike the government offered Crop Loan Insurance Scheme (CLIS), this type of insurance offers a much wider coverage including triggers …

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Building momentum for a major upgrade of crop insurance for Pakistan’s farmers

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Based on the success of the wheat pilot spearheaded by PAC with HBL, Bank of Punjab, TPL Insurance, SCOR of France, and PAC’s insurtech partner Pula Advisors of Switzerland, PAC has been building up the momentum on a significant upgrade of crop insurance in Pakistan in the aftermath of the 2022 floods. HBL and Bank …

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Agriculture can wipe out trade deficit: PAC agri investment conference told

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Agriculture is now center stage as the sector that can help salvage the economy by wiping out Pakistan’s trade deficit, said former Governor State Bank Syed Salim Raza. Leading corporates, business houses, and financial institutions congregated at Pakistan Agricultural Coalition’s inaugural Agri-Connections 2023 conference and exhibition which was attended by over 275 leaders of industry, …

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Organized Financial Inclusion for Farmers: Crop Insurance

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Crop insurance in Pakistan at the national level has not expanded beyond the State Bank of Pakistan’s (SBP) Crop Loan Insurance Program (CLIS) which provides protection only in the case of major catastrophe. In order to provide adequate protection to growers, comprehensive, data driven crop insurance products need to be developed which complement the existing …

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Sustainable and Traceable Cotton Cultivation

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Pakistan Agricultural Coalition (PAC) has incorporated a company called Mehrgarh Kasht Private Limited (MKPL) to produce low-trash, high-quality cotton through large-scale, mechanized cultivation with full traceability of each bale and meeting the specifications required by the textile industry. A strong team under MKPL has been put together and a pilot initiative on 520 acres has …

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The State of Pakistan’s Agriculture Report 2023 with Pakistan Business Council

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A joint policy agenda had been developed by PAC with Pakistan Business Council (PBC), an advocacy forum established by the leading corporate groups in Pakistan. A proposal was submitted by PAC for a collaboration to write papers on six key topics identified and conduct advocacy with PBC. In response, PBC chose to sign an MOU …

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Formation of the Collateral Management Company on Warehouse-receipts-based financing

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The agri-financing regime based on electronic warehouse receipts (eWHRs) was launched in Pakistan’s agriculture sector after preparations and pilots have brought the regime to full readiness. The regime will not only bring financial access to farmers but also create strong incentives for crop testing, grading, and standardization, proper storage, reduction in post-harvest losses, and preservation …

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Established by 20 of Pakistan’s leading business groups, Pakistan Agricultural Coalition (PAC) is a non-profit organization, that aim to transform Pakistan’s agriculture sector.

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