PAC

PAC Agri Connections 2023 – Transforming Pakistan Agriculture

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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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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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Organized Financial Inclusion for Farmers: Crop Insurance

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PAC teamed up with local and international partners to develop a reliable crop insurance solution for Pakistan’s small farmers using satellite imaging and rapid data collection. PAC successfully piloted this solution during the wheat season (2021-22) by insuring farmer loans of HBL and Bank of Punjab which led to insurance payments for farmers affected by the heatwave of 2022. Two payouts …

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Sustainable and Traceable Cotton Cultivation

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Pakistan Agricultural Coalition (PAC) 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 textileindustry.  MKPL was able to meet its primarily goals of sustainable & traceable cotton by obtaining Better Cotton Initative Certification …

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

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In collaboration with multiple stakeholders which include the Securities & Exchange Commission of Pakistan, the State Bank of Pakistan, USAID, and the International Finance Corporation (IFC, part of the World Bank), PAC has spearheaded efforts to launch an Electronic Warehouse Receipts regime in Pakistan. In support of these efforts, PAC assembled a consortium of leading …

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Farm Mechanization

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In collaboration with Pakistan’s largest rice exporters (Garibsons, Conwill Pakistan, MM Commodities, RBI) and leading agri-chemicals provider Jaffer Agro Services, PAC has piloted a mechanised rice farming service where farmers are offered a mechanised seeding & transplantation service, and mechanised harvesting service.  This service is currently being scaled up under the banner of a company called Khushhaal Kissan. PAC …

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

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