ISLAMABAD: The federal government has fixed the minimum support price of wheat at Rs1,800 per 40kg, keeping the price unchanged to provide relief to consumers. The government aimed at reducing the price parity of the commodity between local and international markets. “Crop estimates showed that Punjab would grow 19.08 million tonnes, Sindh 4.02 million tonnes and Khyber Pakhtunkhwa and Balochistan’s combined production would be 9.2 million tonnes,” he said. “With this, the country will have in its stock 30 million tonnes of wheat including one million tonnes as a strategic reserve.”Furthermore, Aleem Khan announced that the provincial government would keep supplying wheat to flour mills at subsidised rates. The Punjab minister said the production of wheat in the country did not commensurate with the demand.

Source: Pakistan Today March 20, 2021 09:22 UTC