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%)

Punjab Food Department (PFD) will start issuing wheat to flour mills from Monday (tomorrow) at the rate of Rs 1375 per 40 kilograms (including the cost of bardana) to ensure uninterrupted supply of wheat flour to the masses on a fair price.
According to a notification issued here on Saturday, PFD has 4.795 million metric tons of wheat in its godowns and in response to need/demand arising for commencing official wheat release to flour mills, it is starting the supply of wheat to functional/approved flour mills based on approved roller bodies.
The flour mills having official wheat will be bound to sell flour at the maximum ex-mill price of Rs 786 per 20 kilograms and maximum retail price of Rs 808 per 20 kilograms bag.
The notification entitles flour mills getting wheat from the Food department to grind their private wheat stocks. The Rawalpindi, Gujranwala and Lahore Divisions except Nankana Sahib District will be treated as deficit Divisions and wheat will be issued to the flour mills/chakkies as per body quota to be notified by the Director Food Punjab, from time to time. Director Food will also fix priority of wheat releases keeping in view the stock position of the Districts, the notification added.
The requirement of the flour mills of deficit Divisions over and above the prescribed number of bags per body will be met from surplus divisions. However, the surplus stocks of Sargodha Division and Okara District will be kept reserved for the flour mills of Rawalpindi and Lahore Division respectively, the food department further mentioned in the wheat release notification.
The notification further said that wheat to the defaulter mills (which have not deposited their outstanding dues) will not be issued from government stocks. It should be ensured that the wheat quota issued from the government godowns must be ground by the flour mills and justified by the electricity bills. Execution of agreement with every flour mill for the observance of the process may be ensured, besides abiding by all the departmental instructions and codal formalities regarding advance deposit and issuance of wheat, the notification concludes.

Copyright Business Recorder, 2019

Comments

Comments are closed.