Skip to main content

Punjab decides to end subsidy on wheat

Punjab wheat subsidy, subsidy on wheat quota

LAHORE: The Punjab Food Department has decided to end subsidy worth billion on the issuance of the government wheat quota, ARY News reported on Wednesday.

The concerned officials told the media that the price of the government wheat was fixed at Rs3,900 per maund and the disbursement from the government quota to the flour mills will be started on October 15.

Under the government quota, wheat will be sold to 1,000 operational flour mills at the price of Rs4,450 per maund.

The officials added that a 20-kilogram sack of flour will be sold at Rs2,600 after the issuance of the government wheat quota, whereas, the flour sack of 20-kilogram is being sold at Rs2,750 in the open market.

The officials said that the Punjab Food Department has a stock of over 40 lakh tonnes of wheat.

Read More: Sugar price: Talks between caretaker govt, mill owners successful

In June, the Punjab Food Department had suspended the wheat quota for flour mills and decided to auction the wheat under Public Procurement Regulatory Authority (PPRA) rules.

The Punjab Food Secretary said that mill owners can also participate in the auction. He added that the provincial government is mulling to grant direct subsidies on flour. He said that the steps were taken to stop misappropriations in the wheat quota.

 



from Latest Pakistan News and Breaking News from All over Pakistan https://ift.tt/feZEVwL
Labels:

Comments

Post a Comment

Popular posts from this blog

Elevate Your Style with a Men's Leather Jacket with Fur Collar

When it comes to timeless fashion, the allure of an original leather jacket is undeniable. These iconic pieces have transcended generations, exuding rugged sophistication and individuality. However, if you're seeking to take your style to the next level, consider a distinctive choice: the Men's leather jacket with fur collar . The Appeal of Original Leather Jackets Original leather jackets have long been celebrated for their durability, versatility, and timeless appeal. These jackets are something beyond clothing; they are an assertion of style, an encapsulation of disobedience, and an image of exemplary cool. Whether you're riding a motorcycle, strolling through the city, or attending a casual gathering, an original leather jacket elevates your look. The Allure of a Fur Collar What sets the Men's leather jacket with fur collar apart is its exquisite detailing.The option of a fur collar not just gives an additional layer of warmth during colder months yet in addition ...
Post a Comment
Read more

Imran Khan undergoes medical examination at Shaukat Khanum Hospital

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan visited Shaukat Khanum Hospital in Lahore on Saturday for a medical check-up, ARY News reported. The former premier was sifted to Shaukat Khanum Hospital after he experienced stomach pain The medical professionals initiated a comprehensive examination to determine the underlying cause of his abdominal discomfort. A team of doctors attended him at the medical facility and carried out various tests to determine the cause of his abdominal discomfort. Imran Khan remained at the Shaukat Khanum Hospital for four hours before returning to his residence in Zaman Park. Talking to media a day earlier, the PTI chief emphasised that anyone involved in the mayhem at Corps Commander House should be identified, and his party is willing to help apprehend them “Now, they are claiming that they are hunting down wanted people and not terrorists,” Khan told journalists at his residence after meeting a government de...
Post a Comment
Read more

ATC summons Imran Khan today in terrorism case

ISLAMABAD: An Anti-Terrorism Court (ATC) has summoned former prime minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan at 12:00 pm in a terrorism case registered against him for allegedly threatening a female judge, ARY News reported on Tuesday. Additional session Judge Raja Hassan Jawad heard the former premier’s interim bail petition in a terrorism case registered against him for allegedly threatening a female judge in a PTI rally held on August 20. Meanwhile, four more provisions – Sections 506, 504, 186 and 188 – have been included in the case registered against Imran Khan. During the hearing, the PTI chief’s counsel Babar Awan urged the court to grant bail to Imran Khan in newly added provisions. To which, the court said it will issues notices on these provisions. Judge Raja Hassan Jawad asked about the threats being faced by Imran Khan. “It was the former premier’s responsibility to appear before the court after he obtained the bail,” he added. However, Babar A...
Post a Comment
Read more