AIRLINK 191.54 Decreased By ▼ -21.28 (-10%)
BOP 10.23 Decreased By ▼ -0.02 (-0.2%)
CNERGY 6.69 Decreased By ▼ -0.31 (-4.43%)
FCCL 33.02 Decreased By ▼ -0.45 (-1.34%)
FFL 16.60 Decreased By ▼ -1.04 (-5.9%)
FLYNG 22.45 Increased By ▲ 0.63 (2.89%)
HUBC 126.60 Decreased By ▼ -2.51 (-1.94%)
HUMNL 13.83 Decreased By ▼ -0.03 (-0.22%)
KEL 4.79 Decreased By ▼ -0.07 (-1.44%)
KOSM 6.35 Decreased By ▼ -0.58 (-8.37%)
MLCF 42.10 Decreased By ▼ -1.53 (-3.51%)
OGDC 213.01 Increased By ▲ 0.06 (0.03%)
PACE 7.05 Decreased By ▼ -0.17 (-2.35%)
PAEL 40.30 Decreased By ▼ -0.87 (-2.11%)
PIAHCLA 16.85 Increased By ▲ 0.02 (0.12%)
PIBTL 8.25 Decreased By ▼ -0.38 (-4.4%)
POWER 8.85 Increased By ▲ 0.04 (0.45%)
PPL 182.89 Decreased By ▼ -0.14 (-0.08%)
PRL 38.10 Decreased By ▼ -1.53 (-3.86%)
PTC 23.90 Decreased By ▼ -0.83 (-3.36%)
SEARL 93.50 Decreased By ▼ -4.51 (-4.6%)
SILK 1.00 Decreased By ▼ -0.01 (-0.99%)
SSGC 39.85 Decreased By ▼ -1.88 (-4.51%)
SYM 18.44 Decreased By ▼ -0.42 (-2.23%)
TELE 8.66 Decreased By ▼ -0.34 (-3.78%)
TPLP 12.05 Decreased By ▼ -0.35 (-2.82%)
TRG 64.50 Decreased By ▼ -1.18 (-1.8%)
WAVESAPP 10.50 Decreased By ▼ -0.48 (-4.37%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 3.96 Decreased By ▼ -0.07 (-1.74%)
BR100 11,697 Decreased By -168.8 (-1.42%)
BR30 35,252 Decreased By -445.3 (-1.25%)
KSE100 112,638 Decreased By -1510.2 (-1.32%)
KSE30 35,458 Decreased By -494 (-1.37%)

The Sindh government on Thursday decided to export the surplus wheat and also sought the Federal government support through Trading Corporation of Pakistan (TCP) in this regard. The decision was taken in a meeting held here on Thursday to review the prevailing stock and market price of wheat. Sindh Chief Minister Syed Qaim Ali Shah chaired the meeting at the Chief Minister House, said a statement.
The Sindh Chief Minister has constituted a 3-member committee consisting of Sindh Minister for Finance Syed Murad Ali Shah, Sindh Minister for Health Jam Mehtab Dahar and Sindh Minister for Excise and Taxation Gianchand Esrani to work out and prepare an export mechanism within 2 to 3 days. Addressing the meeting, he directed the authorities of Food Department to float the tender for exporting the wheat within 3 days, to call competitive bids from wheat exporters.
He directed the officers strictly to stop the wheat movement from other provinces to Sindh province, and take strict action against the wheat hoarding and sale of sub-standard wheat in the market. The Sindh Chief Minister was of the view that since the Federal Government had allowed for import of wheat without consultation with the Sindh Government, specially when Sindh Government and even Punjab government were possessing huge stock of indigenous produce of wheat, it should share the losses and extend its support for exporting the surplus wheat of the Sindh province.
He advised the mill owners to refrain from marketing the substandard flour and directed the authorities of food department to analyse the substandard imported wheat and to ascertain that up to what extent it was injurious to human health. The CM Sindh said that growers were backbone of our economy and also main supporters of PPP. He said that Sindh Government is committed to protect the interests of the growers at any cost.
He said that Sindh Government has already paid Rs 4.6 billion subsidy on the procurement of wheat from the growers at the support price to protect the farmers from losses. The meeting was informed that Sindh has wheat stock of 1.1 million tonnes out of which 400,000 tonnes are available at Karachi for immediate export. Sindh Minister for Finance Syed Murad Ali Shah, Sindh Minister Health Jam Mehtab Dahar, Sindh Minister for Excise and Taxation Gianchand Esrani, Sindh Chief Secretary Sajjad Saleem Hotiana, Secretary to CM Alumdin Bullo, Secretary Food Saeed Awan, Secretary Finance Sohail Rajput and other officials concerned were also present in the meeting.

Copyright Associated Press of Pakistan, 2014

Comments

Comments are closed.