ISLAMABAD The government on Saturday announced a cash support package for the flood-affected farmers of the country, as it would give financial grant of Rs 2,400 per acre to the farmers having total 25 acres land with 12.5 acres cultivated land in Rabi season. Both federal as well as provincial governments will share the grant for farmers on 50-50 basis, said Secretary Finance Salman Siddique, while addressing a press conference here on Saturday. He said that this decision was taken at the Economic Coordination Committee (ECC) meeting held on Friday under the chair of Federal Minister for Finance and Economic Affairs Abdul Hafeez Shaikh. He further said that that the government would provide a loan to the farmers having more than 25 acres land, while in case of non-payment of loans due to crop failure or other reasons, DFID, a British development department, would provide 30 per cent relief in this regard. We are transferring the amount on cash basis while its up to the provinces to provide the farmers the incentive in form of cash or inputs, he said and added that the Punjab government would give incentives in cash while Khyber Pakhtunkhawa in the form of inputs including seeds and fertilizers. Meanwhile, the ECC refused to allow two million tons wheat export, observing the post-flood situation of the country, therefore, it would be considered after the new wheat crop. The meeting also discussed the support price policy for wheat, and in this regard a committee including Petroleum Minister, Food and Agriculture Minister, Deputy Chairman Planning Commission, Governor State Bank of Pakistan and Secretary Food and Agriculture has been constituted. The committee would present its report on wheat support price and commodity financing in one-week period. The Secretary Finance further said that the Ministry of Commerce presented a summary in the ECC meeting seeking a ban on export of livestock, however, this item was not approved due to policy differences of the various ministries. The Ministry of Water and Power also presented a summary in the ECC meeting seeking to allocate Kunar Pasakhi fields power generation. However, the Petroleum Ministry refused the proposal by saying gas is also short in the country. The ECC on this issue constitutes a committee of both the ministries and asked them to put up a joint proposal in this regard. A committee has been formed to make transparent project of Kohala Hydro Power, which would generate 1100 MW while it would be completed with Chinas cooperation. This committee includes Federal Minister for Water and Power, Secretaries Economic Affairs Division, Finance and petroleum. The Secretary Finance further said that investment of $173 million has been approved for installation of coal cement plant in Karachi Port Qasim while PT and Boards of Port Qasim have been held responsible for decisions in this connection and the private sector would also be given representation.