Tag Archives: Procurement

Wheat procurement drive begins in Punjab

Lahore – Wheat procurement campaign, to procure 4.7 million tonnes this year, has started all across Punjab. “Food Department of Punjab would procure 3.5 million tonnes of wheat, while the Pakistan Agriculture Storage and Services Corporation (PASSCO) would acquire 1.26 million tonnes of the commodity during the current season,” Wheat Development Commissioner in the Ministry of Food and Agriculture (MinFA) Dr Shakeel Ahmad Khan said. Total wheat procurement target for the year 2010-11

Sindh lagging behind in meeting wheat procurement targets

KARACHI – The Sindh government has procured 19,744 metric tonnes (MT) of wheat by the 7th of this month from 15 districts against its target of 1.3 million MT for the year 2010-11 – an indication that the province could be headed towards a wheat shortage crisis. The procurement process in the province had started on March 25.
According to details, the government has acquired 5,456MT wheat from the Hyderabad region against the target of 265,000MT. This includes 3,666MT from

Zehri vows transparency during wheat procurement

LAHORE – The Federal Minister for Food and Agriculture Mir Israrullah Zehri has said that transparency and just mechanism will be ensured, while complete arrangements have been made to protect rights of small farmers during the wheat procurement drive 2011.
He made these remarks at Pakistan Agricultural Storage and Services Corporation (PASSCO) head office after an official briefing here on Saturday. He said that PASSCO would procure 1.3 million tonnes of wheat from the current

PASSCO set to launch wheat procurement campaign 2011

LAHORE – The Pakistan Agricultural Storage and Services Corporation (PASSCO) is all set to launch ‘Wheat Procurement Campaign 2011’ from the last week of April. The corporation has fixed a wheat procurement target of 1.3 million tonnes out of the national wheat procurement target of 6.5 million tonnes set by the Ministry of Food and Agriculture (MINFA). PASSCO Managing Director Major General Sohail Shafqat unveiled the wheat procurement programme while addressing members of the

BOP arranges wheat procurement

LAHORE – The Bank of Punjab (BOP) has arranged financing for wheat procurement on behalf of Government of Punjab since 2003. As a result of personal interest taken by Punjab chief minister, efforts towards food self sufficiency have gathered pace. Last year, the Bank of Punjab, under directive of Chief Minister Punjab arranged financing of Rs 51 Billion through a consortium of Private Commercial as well as Islamic banks.

Shahbaz approves Wheat Procurement Policy 2011

LAHORE – Punjab Chief Minister Shahbaz Sharif presided over a meeting of the provincial cabinet at Chief Minister’s Secretariat on Saturday that gave approval to the Wheat Procurement Policy 2011, Parks and Horticulture Authority Act 2010, Punjab Semen Quality Control Act 2010 and amendment in Punjab Entertainment Duty Act 1958.
The chief minister said the wheat procurement target of 40 lakh metric tons had been set. He said that the wheat procurement drive would be started from