Opinion: Averting another wheat crisis
Flour mills have already started flexing their muscle SAMAA | Dr Nauman Anees - Posted: Apr 9, 2021 | Last Updated: 3 days ago SAMAA | Dr Nauman Anees Posted: Apr 9, 2021 | Last Updated: 3 days ago
Photo: Online
Another wheat crisis is looming in Pakistan, much similar to the one that hit the country last year. Fearing a shortage of wheat, the Trading Corporation of Pakistan has already opened tenders for its import between April and August. Surprisingly, Punjab, the major wheat-producing province, has decided to procure wheat 22% less than its target for the previous year, citing adequate availability. This appears to be counterintuitive. Lower public procurement of wheat will leave a much larger share of it to be procured by private stockists and flour mills.
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National
April 6, 2021
ISLAMABAD: The National Assembly s Special Committee on Agricultural Products deliberated on the design of the ‘Kamyab Kisaan’ programme to promote youth engagement and employment in the agriculture sector.
It also took up the calling attention notice regarding relief for the drought and calamity-hit regions across the country and discussed the way forward for the structural transformation of the agriculture sector.
Speaker National Assembly Asad Qaiser directed the sub-committee to furnish a concrete budget proposal for the agriculture sector and urged the Ministry of Finance, the Ministry of National Food Security and Research, Zarai Taraqiati Bank and members of the committee to devise a mechanism for extending relief to the drought-hit regions within two weeks.
Controlling inflation top priority: finance minister
Emphasises need for efforts to provide essential items at fair prices
Federal Finance Minister Hammad Azhar addressing a presser at the Press Information Department (PID) in Islamabad on March 31, 2021. SCREENGRAB
ISLAMABAD:
Finance Minister Hammad Azhar has stated that controlling inflation is the top most priority of the government.
Chairing a meeting of the National Price Monitoring Committee (NPMC) on Monday, Azhar emphasised the need for coordinated and consolidated efforts by all concerned to provide essential items to the general public at fair prices.
NPMC reviewed the price trend of essential commodities, especially wheat flour, sugar, vegetable ghee, chicken and eggs in the last week.
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