Sindh government on Monday decided to reduce 100-kg wheat price to Rs 2,800 from Rs 2,850. It was decided that a subsidy of Rs 600 million would be born by the provincial government. The decision was taken at a high-level meeting chaired by Sindh Chief Minister Qaim Ali Shah on Wheat Policy for the year 2012-2013, at the CM's House here.
The meeting was attended among others by Food Minister Mir Nadir Ali Magsi, Finance Minister Syed Murad Ali Shah, Information Minister Sharjeel Inam Memon, Secretary Food Aftab Ahmed Memon, and the officials of government departments. The meeting was informed that the food department procured 1.290MT of wheat last year. The release of wheat to flour mills commenced in September 2012, and currently there was a balanced stock position of wheat in the provincial godowns.
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