LAHORE (APP) - Federal Minister for Industries and Production Mian Manzoor Ahmed Wattoo has said that the government has decided to import 0.7 million tons of fertilizers to overcome its shortage in the country. He was addressing a high level meeting on Fertilizers at Head office of National Fertilizers Corporation (NFC) here on Monday. Federal Secretary Ministry of Food and Agriculture (MINFAL), Federal Secretary Industries and Production, Punjab Agriculture Minister Malik Ahmed Ali Aulakh and representatives from Sindh and NWFP also attended the meeting. Mian Manzoor Wattoo said that NFC has appointed 600 dealers for distribution of fertilizer under the supervision of DCOs and DDOs (Revenue). He said that storage of fertilizer would not be allowed at any place other than the registered godowns and the dealers would sell fertilizers to the farmers without creating any disturbance for them. There would be a requirement of 3 million tonnes of fertilizer for Kharif season out of which 2.5 million tonnes would be available from the domestic production while 0.7 million tonnes would be imported, he said. He said that a stock of 0.2 million ton to 0.3 million ton fertilizer would be made available as a strategic reserves. Wattoo told that NFC has distributed 125,000 tons of fertilizer out of its stock of 320,000 tons. The minister assured that the irregularities in distribution of fertilizers would not be allowed and its in time availability would be ensured to the farmers. Punjab Agriculture Minister expressed hope that the joint meeting of representatives of federal and provincial governments is a very positive development and it would help in time supply of fertilizers. He said that Punjab govt would join hands with the federal govt in supply of fertilizers. Meanwhile, Wattoo said that new industrial policy of the country will be announced within next three months. The minister said that the federal govt has announced next fiscal year as an year for revival of industry and also allocated an amount of Rs 40b for revival of the industries in the budget which is a landmark achievement of the govt. The allocated amount will be used for revival of small and medium industries in the country and to augment the efforts for reducing cost of production for the big and export oriented industries, he said. Wattoo said that the government is making serious efforts to bring the mark up rate on bank borrowing down and resolve the electricity and gas crises. He told that Pak-Iran gas pipeline project would be helpful in overcoming the energy crises in the country.