PM Shehbaz sets proposed wheat price for 2027 at Rs4,500 per maund
Prime Minister Shehbaz Sharif on Friday set the proposed (illustrative) price of wheat for 2027 at Rs4,500 per maund (40kg), an increase of Rs1,000 over last year’s price of Rs3,500. According to a statement issued by the PM Office, the decision was taken in view of rising production costs and is aimed at boosting wheat output in the coming season. The government said the increase is meant to…
Prime Minister Shehbaz Sharif announced on Friday a proposed wheat price of Rs4,500 per maund for 2027, marking a Rs1,000 increase from last year's price of Rs3,500. The decision came in response to increasing production costs and aims to incentivize wheat farming, provide relief to financially strained farmers, and bolster national food security.
The government believes the higher price will encourage local production, reduce reliance on imports, and stabilize the agriculture sector. President Asif Ali Zardari, PML-N President Nawaz Sharif, and the chief ministers of Punjab and Sindh all played a role in the decision-making process. Punjab Chief Minister Maryam Nawaz and Sindh Chief Minister Syed Murad Ali Shah were particularly thanked for their contributions.
The move is expected to boost wheat output in the upcoming season and contribute to Pakistan's self-sufficiency in food supply.
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