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Government drafting law to control conversion of agricultural land into housing colonies

Mahmood Idrees 11:40 AM | 23 Oct, 2017
Government drafting law to control conversion of agricultural land into housing colonies
LAHORE – The Punjab government is deliberating over a plan to put a bar on using agricultural lands for other purposes, including residential and commercial, in the province, especially in Lahore, in order to arrest declining agriculture production.

This was revealed by Local Government Minister Manshaullah Butt on Sunday while talking to media, adding that a three-member committee had been set up to prepare a legislation with the consultation of experts. The same will be tabled in the provincial assembly for approval.

In view of rapid urbanization and increasing population, he said that the government was focusing on introducing apartment system.

In order to bar people from using farmland for other purposes, the local staff, including secretaries and chief officers of the union councils, has been directed to inform the authorities concerned if anyone is found involved in converting agricultural land into residential and commercial areas in their respective areas.

The minister further informed that the departments concerned have also been directed not to approve such projects, adding that action was being taken against those who have used leased state land for housing societies and sold them to public.

The government is also working on launching new urban areas in order to divide the burden of increasing population on major cities.

As per the data of Agriculture Department, a ten percent decrease has been observed in farmland in Lahore due to urbanization and migration during the past ten years.

During past two decades, the provincial capital has been deprived of thousands of acres of agricultural land by the housing colonies and commercial builders putting food security in danger in future. But, the officials remained silent adding fuel to the situation.

According to experts, the unplanned urbanisation will not only hatch social problems, but also damage the environment of the city.

According to a land census, the total cultivated area of Lahore was 166,862 hectares in 1972, which reduced to 81,040 by the year 2000.

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KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on February 4, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 279.9 283.2
Euro EUR 300.98 301.58
UK Pound Sterling GBP 337.01 337.71
U.A.E Dirham AED 75.14 75.44
Saudi Riyal SAR 73.55 73.85
Australian Dollar AUD 189 192
Bahrain Dinar BHD 712.72 720.69
Canadian Dollar CAD 200 202.2
China Yuan CNY 39.67 39.73
Danish Krone DKK 39.33 39.73
Hong Kong Dollar HKD 34.19 34.54
Indian Rupee INR 3.28 3.39
Japanese Yen JPY 2.5 2.54
Kuwaiti Dinar KWD 878 887
Malaysian Ringgit MYR 62.83 63.43
New Zealand Dollar NZD 173.25 175.25
Norwegians Krone NOK 26.79 27.09
Omani Riyal OMR 696.08 704.08
Qatari Riyal ‎QAR 73.62 74.32
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.61 25.91
Swiss Franc CHF 291.69 294.19
Thai Bhat THB 8.15 8.30

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 205,200 on Saturday. The price of 10 grams of 24k gold was recorded at Rs175,930.

Likewise, 10 grams of 22k gold were being traded for Rs167,318 while a single tola of 22-karat gold was being sold at Rs 195,157.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 205,200 PKR 2,430
Karachi PKR 205,200 PKR 2,430
Islamabad PKR 205,200 PKR 2,430
Peshawar PKR 205,200 PKR 2,430
Quetta PKR 205,200 PKR 2,430
Sialkot PKR 205,200 PKR 2,430
Attock PKR 205,200 PKR 2,430
Gujranwala PKR 205,200 PKR 2,430
Jehlum PKR 205,200 PKR 2,430
Multan PKR 205,200 PKR 2,430
Bahawalpur PKR 205,200 PKR 2,430
Gujrat PKR 205,200 PKR 2,430
Nawabshah PKR 205,200 PKR 2,430
Chakwal PKR 205,200 PKR 2,430
Hyderabad PKR 205,200 PKR 2,430
Nowshehra PKR 205,200 PKR 2,430
Sargodha PKR 205,200 PKR 2,430
Faisalabad PKR 205,200 PKR 2,430
Mirpur PKR 205,200 PKR 2,430

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