LAHORE : Owners of flour mills in the provincial capital have increased the price of whole wheat flour by Rs2 per kg as official release of grains has yet to be started.
With latest revision in rates, whole wheat would now cost Rs82 per kg to consumers. According to chakki owners, the price of wheat in the open market reached at Rs2,600 per 40kg against official price of Rs1,950.
It is learnt that terms and conditions in this connection is being finalised.
Provincial Secretary Food, Ali Sarfraz Hussain while commenting the development said, we aware of the issue and are working with District administration and Chakki owners to resolve it.
‘Farmers to get certified wheat seed on subsidised rate’ Special Assistant to Prime Minister on Food Security Jamshed Iqbal Cheema Saturday said that the Pakistan Tehreek-e-Insaf (PTI) government would provide certified seeds to one million farmers at subsidized rate to increase wheat production this year.
Addressing a press conference here to brief the media about the recently held Federal Agriculture Committee (FAC) meeting, he said the government would give a subsidy of more than Rs 24 billion on fertilizers also this year.
He said the government had performed very well in obtaining good yield from major Kharif crops.
He said India was the biggest exporter of cotton and this year its cotton export had reduced by 36 per cent.
The Special Assistant to Prime Minister said that $5 billion had been invested in the textile sector of Pakistan this year.
He said that the increased production of 4 million bales of cotton had raised the value addition in textile up to Rs 1200 billion.
He termed all these outcomes a success of the government efforts to strengthen the agriculture sector.
Special Assistant to Prime Minister said that cotton and textile had revived and added that after 2011, last year textile export was increased by $4 billion and he hoped that this year it would further increase by $5 billion.
He said that during the PPP government, grain production was increased by 1.5 per cent.
The special assistant said that during the last three years, grain production increased by 16 per cent and this year it would increase by 14 per cent.
This year, a target had been set to increase wheat production by 5 per cent, he added.
The government was focusing on increasing the maize crop production by 25 million tonnes, he added. Special Assistant to Prime Ministersaid that country’s sugar demand was less than 6 million tonnes and last year the commodity was produced more than country’s demand, adding that due to lack of strategic reserves, hoarders exploited the situation. This year, it was expected that sugarcane production would be more than 100 million tonnes. He said that two million tonnes of wheat was being imported to build strategic reserves, adding that for the next year, wheat target had been set at 30 million tonnes.
Source: The News