Wheat support prize fixed at Rs2,200 per 40kg in Sindh

KARACHI: The Sindh cabinet on Wednesday decided to fix the support price of wheat in the province at Rs2,200 per maund. A session of the cabinet chaired by Chief Minister Murad Ali Shah, approved procurement of 1.4 million metric tonnes

Sindh govt responsible for hike in wheat prices: Mahmood Maulvi

ISLAMABAD: Special Assistant to the Prime Minister on Maritime Affairs Mr Mahmood Maulvi has blamed the Sindh Government for the hike in wheat prices. In a recent video statement, Mr Mahmood Maulvi said Sindh Government has not released wheat to

Artificial wheat shortage ‘deliberately’ being created in Sindh: Haleem Adil

KARACHI: Sindh Assembly Leader of Opposition Haleem Adil Sheikh in his statement on Wednesday has said that wheat prices in Sindh are the highest in the country. Flour is being sold in Sindh at more than Rs 2,800 per maund,

ECC approves tenders for importing wheat, urea

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet on Thursday approved the summary to import 550,000 MT of wheat for the FY2021-22. Minister for Finance and Revenue Shaukat Tarin presided over the meeting of ECC. The summary was

Ministry revises local wheat output to 27.5mn tons

ISLAMABAD: The Wheat Review Committee of the Ministry of National Food Security and Research has revised the local wheat production upward to 27.539 million tons for the season 2020-21 as against the first estimate of 27.33 million tons due to

ECC approves provision of 500,000 MT wheat to KP

ISLAMABAD: Economic Coordination Committee (ECC) of the cabinet on Wednesday approved the provision of 500,000 MT of wheat to the Government of Khyber Pakhtunkhwa during the crop year 2021-22. Federal Minister for Finance and Revenue Shaukat Tarin chaired the meeting

Govt committed to development of agriculture sector on priority: PM

ISLAMABAD: Prime Minister Imran Khan said the government, keeping in view vital role of agriculture in country’s development and the prosperity of farmers, was committed to develop this sector on priority. While residing over the National Coordination Committee (NCC) on

Sindh cabinet fixes 1.4 MMT wheat procurement target

KARACHI: The Sindh Cabinet has decided to fix the wheat procurement target for crop 2020-21 at 1.4 MMT at a rate of Rs 2000 per 40 kilograms. Sindh Chief Minister Syed Murad Ali Shah chaired the meeting of the provincial

Govt sets wheat grinding ratio to reduce flour price

ISLAMABAD: The federal government on Thursday decided to set the grinding ratio of wheat by 80:20, to be ensured by the provincial governments in order to increase the production and bring down the price of flour. The decision was taken

Sindh govt increases wheat support price to Rs2000 per 40 kg

KARACHI: The government of Sindh on Thursday increased the minimum wheat procurement price to 2,000 rupees per 40 kilogrammes. A meeting of the Sindh cabinet chaired by Chief Minister Murad Ali Shah decided to increase the support price in order

ECC proposes Rs 1600 as minimum support price for wheat

ISLAMABAD: The Economic Coordination Council (ECC) has decided to propose to the cabinet Rs 1600 as minimum support price (MSP) per forty kilograms (maunds) for wheat crop this year. Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh

Pakistan is wheat secure till next harvest: Food Ministry

ISLAMABAD: Ministry of National Food Security and Research (NFSR) stated that Pakistan is wheat secure till the next harvest and claims of excessive shortage are fallacious. It stated that 4.883 million metric tons (MMT) wheat is available with the public

Sindh govt notifies wheat price at Rs 3687.50 per 100 kg

KARACHI: The Sindh government has notified that wheat from stocks will be released at a price of Rs 3687.50 per 100 kilograms. According to the government notification, the wheat will be released to flour mills and Chakkis from government stocks

Neglecting agriculture sector

The government is planning to import around 2.6 million tonnes wheat, 300,000 tonnes sugar and may even need to buy more cotton than last year’s 3.2 million bales. Wheat and cotton production fell short of the government’s target as farmers

Third vessel carrying 69,000 tonnes wheat reaches Karachi port

KARACHI: The third vessel namely MV Coventy carrying 69,000 metric tonnes of wheat from Ukraine has reached Karachi port. A total of 195,000 metric tonnes wheat has been imported through three vessels since last week of August by the private

First vessel carrying wheat imported from Ukraine to reach Karachi

KARACHI: The first vessel carrying 60,804 metric tons of wheat from Ukraine will reach Karachi port on Wednesday afternoon. This import is part of the government’s efforts to ensure relief in wake of ongoing price hike of wheat flour which

ECC directs Ministry of NFSR to accelerate efforts for wheat imports

ISLAMABAD: The Economic Coordination Committee (ECC) has directed the Ministry of National Food Security and Research to accelerate efforts for wheat imports. Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh chaired the meeting of the ECC at

Punjab govt continues crackdown on wheat hoarding

LAHORE: The Punjab government on Saturday continued its crackdown on smuggling and hoarding of wheat and conducted raids in various parts of the province. The provincial government has expedited efforts to tighten the noose against smugglers and hoarders. The local

ECC directs Food Ministry to achieve wheat procurement target

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has asked the Ministry of National Food Security and Research to closely monitor the wheat procurement process to ensure the 8.25 million tones target set this year. The ECC meeting

NAB claims to recover Rs10 billion in wheat scam

ISLAMABAD: National Accountability Bureau (NAB) released a report on the wheat crisis in Sindh and claimed to have uncovered Rs10.612 billion in the inquiries of wheat scam against the Sindh Food Departments for theft of wheat Rs15.85 billion. The bureau

Anti-Corruption Dept tasked to probe missing wheat in Sindh

KARACHI: As many as 168,000 metric tonnes of wheat bags have been reported missing from the storage facilities in Sindh. This is the biggest theft of the wheat from the government’s storage facility which costs Rs 7 billion. It has

Sugar, flour crisis report

Prime Minister Imran Khan has been receiving immense heat after the findings of a high-powered investigation formed to enquire the flour and sugar crisis incriminated several of his close aides and party leaders. The prime minister had vowed to expose

Inquiry reports on wheat, sugar crisis made public

ISLAMABAD: Prime Minister Imran Khan has ordered the release of the report formed after a high-level inquiry in the wheat flour and sugar crisis that struck the nation earlier this year in January. Federal Investigation Agency (FIA) director general Wajid

ECC mulls increasing wheat support price to Rs.1400 per 40kg

ISLAMABAD: Adviser on Finance Hafeez Sheikh on Wednesday chaired a meeting of the Economic Coordination Committee (ECC) which discussed a four-point agenda. The ECC approved a proposal by power division for a special relief package to further continue provision of

ECC bans onion export, procures 8.25 million tons of wheat

ISLAMABAD: Economic Coordination Committee (ECC) of the federal government has imposed a ban on export on onions till 30th May this year to keep the prices under control. Prime Minister’s Adviser on Finance Dr Abdul Hafeez Shaikh chaired the meeting

PTI govt behind wheat, sugar crisis: Shehbaz Sharif

ISLAMABAD: The opposition Pakistan Muslim League-Nawaz (PML-N) called for a thorough check of the inventory and record of the mills owned by Jahangir Tareen and Khusro Bakhtiar, accusing that “powerful PTI government members are engaged in the exploitation of wheat

Seven custom officials sacked over involvement in smuggling wheat

ISLAMABAD: Initiating a crackdown against responsible persons for the wheat crisis, the Federal Board of Revenue (FBR) sacked seven Customs officials over alleged involvement in smuggling wheat today (Sunday). According to government sources, four collectors, additional collectors, and deputy commissioners

After wheat and sugar, poultry crisis begins across country

KARACHI: The poultry industry mafia has hoarded their stocks and plans to create an artificial crisis in the coming days. According to the details, the poultry distributors have planned to create an artificial crisis of chicken and its products after

No shortage of wheat in country: Federal Minister of National Food

ISLAMABAD: Federal Minister of National Food Security and Research Khusro Bakhtiar on Tuesday informed the Senate that four million tons of wheat were present in the public sector and there was no shortage of commodities in the country. In a

After wheat, a sugar crisis is now looming

There is an acute wheat flour crisis in Sindh, Punjab and other parts of the country. The crisis has stemmed not due to the shortage of the basic commodity but rather the mismanagement and inefficiency of policymakers. Now a sugar