AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

The Punjab government, accepting the demands of the Pakistan Flour Mills Association (PFMA), has announced that there will be no bar on wheat procurement by the flour mills in the province. Flour mills can buy whatever quantity and from wherever they want during the ongoing wheat procurement campaign while demand of ban on procurement by the feed mills has also been admitted.
The government accepted these demands during a meeting of the PFMA delegation with the Chief Secretary Punjab Yousaf Naseem Khokhar held here on Monday. The PFMA delegation was led by Asim Raza Ahmad while others were Mian Muhammad Riaz, Chaudhry Iftikhar Mattoo, Chaudhry Qaiser Rasheed and Raza Abbas.
The delegation apprised the chief secretary about hardships being faced by the flour milling industry, hurdles being created by the food department in procurement by the industry and inappropriate attitude of the department officials towards the millers. The delegation also expressed its reservations over procurement by the feed mills.
Chief Secretary accepting all the demands of the delegation decided that there should be no bar on procurement by the mills, vehicles of the mills would not be impounded during transportation of grain and there will be a ban on wheat purchase by the feed mills.
It was also decided to appoint a focal person who would directly supervise implementation on all these decisions and to run the affairs smoothly. Mills will inform the focal person regarding any violation of this agreement by the food department Punjab. Disclosing these details, PFMA Group leader Asim Raza Ahmad expressed his pleasure over the decision taken by the government of the Punjab and the Chief Secretary. He said that timely decision taken by the Chief Secretary has averted a food crisis in the province.
It may be added here that the PFMA had given a call on Friday to stop supply of flour after three days if their demands of giving the mills a free hand for wheat procurement, not impounding vehicles of the industry and banning the feed milling industry from procurement is not met.

Copyright Business Recorder, 2019

Comments

Comments are closed.