AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

KARACHI: Sindh Chief Minister Syed Murad Ali Shah approved immediate release of Rs5.6 billion to start procurement of 1.4 million metric tons (MMT) of wheat for which distribution of bardana has been started in three divisions; Shaheed Benazirabad, Mirpurkhas and Hyderabad where early crop is being harvested.

He took this decision on Wednesday while presiding over a meeting to review progress of wheat procurement target for year 2021-22. The meeting was attended by Chief Secretary Mumtyaz Shah, PSCM Fayaz Jatoi, Secretary Finance Sajid Jamal Abro, Secretary Food Raja Khurram Shahzad, Secretary and Secretary Agriculture and other concerned officers.

Secretary for Food briefing the CM said the government had fixed a procurement target at 1.4 MMT at a support price of Rs2,200 per 40kg.

The CM was told that as per target, 341,110 MT would be procured from Sukkur Division, 379,230 Shaheed Benazirabad, 380,270MT Larkano, 58240 MT Mirpurkhas and 241,150MT Hyderabad where 167 procurement centres have been established.

The Food department has started distributing bardana for procurement of 100,000 tons of wheat from Sanghar, 58,240 tons from Mirpurkhas Division and 241,150 tons of wheat from Hyderabad division.

Secretary for Food said that his department needed Rs5.6 billion urgently so that payment to the growers could be made. At this the CM directed Secretary for Finance Sajid Jamal Abro to issue advice for the release of Rs5.6 billion by this evening. He also directed Secretary Food to set up ATMs for the growers to enable them to encash the payment of their crops then and there.

Copyright Business Recorder, 2022

Comments

Comments are closed.