Sindh, KP witness decrease in flour prices | Pakistan Today

Sindh, KP witness decrease in flour prices

–Sindh decreases rate by Rs6 per kg whereas KP reduces it by Rs2

ISLAMABAD: With timely intervention by the federal government, prices of wheat and wheat flour have started coming down in the local markets all across the country, particularly in Sindh and Khyber Pakhtunkhwa.

Talking to media persons on Wednesday, Food Security Commissioner in the Ministry of National Food Security and Research Dr Imtiaz Ali Gopang said the prices of flour declined by Rs6/kg in Sindh and Rs2/kg in Khyber Pakhtunkhwa.

“The situation would further improve as the supply had gained momentum and prices of the commodity would further come down to the pre-crisis level in the next couple of days,” he said.

He said that a helpline had also been established at the Prime Minister’s Office to monitor the demand and supply situation and added that the provincial departments had been asked to submit a report on a daily basis.

Over 4.144 million tonnes of wheat stocks were available in the country, he said adding Punjab had 2.519 million tonnes, Sindh 0.416 million tonnes, Khyber Pakhtunkhwa 0.0113 million tonnes and Pakistan Agriculture Storage and Supply Corporation (PASSCO) had wheat reserves of 1.204 million tonnes till today.

The Food Security Commissioner informed that the Economic Coordination Committee of the Cabinet had directed the PASSCO to provide 400,000 tonnes of wheat to Sindh, 450,000 tonnes to Khyber Pakhtunkhwa, 50,000 tonnes to Balochistan from its stocks in order to keep the supply smooth and ensure adequate provision of flour in the markets.

The provinces have already lifted about 400,000 tonnes of wheat out of allocated stocks and there were 700,000 tonnes of more wheat which was available for them, he said adding that inter-provincial movement of grains from Punjab to KP was also relaxed that was helping in smoothing demand and supply situations in the province.

Replaying to a question regarding the government’s decision to import 300,000 tonnes wheat, he said that the cutoff date for the import was fixed at March 31 and after the date import would not be allowed.

The imported wheat will be used as buffer stocks, he said adding that during the last season about 1.2 million tonnes of wheat output was affected due to rains in harvesting time.

Looking into the climate changes and other factors, he said that the government has also decided to increase its procurement targets from 6 million tonnes to 8 million tonnes for keeping the strategic reserves in the country.

Director General of Agricultural department Anjum Butter said on Wednesday the federal government allocated 12 billion to subsidize the wheat growers across the country to achieve the annual target of producing one crore 96 tonnes wheat.

Talking to a private news channel, he stated last year one crore 60 lac acre of land produced one crore and 83 tonnes wheat but for the new crop they had harvested one crore and 62 lac acre land, they were aimed to achieve the target of one crore and 96 lac tonnes wheat.

The federal government had decided to provide pesticides, fertilizers, seeds, and other equipments on reasonable prices to facilitate the farmers, the government would also educate the grain harvesters about taking the safety measures while growing crops, he mentioned.

While replying to a question he said that all provincial governments would pay their due share of 40 percent in providing subsidy on all agricultural items.

Ramzan Ahmed a small farmer said the government had ordered to sell necessary items at a low price but perhaps wholesalers, traders, and dealers were unaware of the government orders and kept annoying them.

“Instead of relieving us from tough times these black sheep has burdened us with usury and heavy loan as more than half of our hard-earned money straightly go into their pockets,” he further complained.

Another farmer from Punjab, Ahmed Gul, said people who worked in fields and did hard work to grow crops but the traders and market dealers dodge the innocent folks by selling things at high prices.



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