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WEEKLY
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| Wheat supply to procurement centres |
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Sunday, May 18, 2008
ISLAMABAD: The government on Saturday announced that it would pay an incentive of Rs25 per 100kg along with procurement price of Rs625 per 40kg to the farmers for bringing wheat to procurement centres.
A meeting on the current wheat situation, chaired by Nazar Muhammad Gondal, Federal Minister for Food, Agriculture and Livestock, decided that public sector agencies would pay this additional Rs25 to the farmers in view of the increase in prices of petroleum products, says an official statement.
The meeting also decided that Pakistan Railways (PR) would be used as a sole mode for wheat transportation to NWFP and Balochistan.
“Wheat hoarders will be warned to offer their wheat stocks by Monday to public sector procurement agencies in the next 48 hours, otherwise the stocks will be confiscated,” the statement said, adding that the informer will be adequately rewarded.
The federal minister would hold immediate meetings with the chief ministers of Punjab and Sindh to review the wheat procurement situation and to discuss measures to accelerate its pace, it said.
The statement further said that wheat stocks held by the millers over and above the sanctioned quota would be confiscated.
Wheat procurement agencies ie food departments and PASSCO procured 3.294 million tonnes of wheat till May 15 against the target of 5 million tonnes. Punjab has so far procured 2.113 million tonnes, Sindh 0.46 million tonnes and PASSCO 0.719 million tonnes.
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