ISLAMABAD- The Board of Governors of the Pakistan Agriculture Research Council (PARC) today approved Rs 3597.876 million budget for the financial year 2014-15 to promote agriculture research and ensure food security in the country.

The 37th meeting was presided over by Federal Minister for National Food Security and Research (NFSR), Mr. Sikandar Hayat Khan Bosan.

According to break figures, the budget included Rs 2415 million non-development fund. The details show that the non-development fund includes grant of 10 percent ad-hoc relief allowance 2014.

Bosan ensured that his ministry was continuously facilitating PARC in developing well focused projects. He said farmers will get quality seed at a reasonable price.

PARC Chairman Dr. Iftikhar Ahmad briefed about PARC’s progress in 2013-14, in-house research and new innovations through technical divisions.