Dar orders urgent action to rein in rising wheat prices
• Calls for increased market supply, warns against hoarding and speculation • PTI Kisan Wing welcomes wheat support price, seeks effective procurement mechanism ISLAMABAD: Expressing concern over rising wheat prices, Deputy Prime Minister and Foreign Minister Ishaq Dar on Saturday directed federal and provincial governments to take all necessary measures, including increasing market supply, to…
In response to soaring wheat prices, Deputy Prime Minister and Foreign Minister Ishaq Dar called for urgent government action on Saturday. At a cabinet committee meeting reviewing essential commodities, Dar emphasized the need to control prices through increased market supply. He stressed that protecting national food security and ensuring affordable essential items were top priorities.
The meeting reviewed national reserves, procurement frameworks, domestic consumption, and price trends. Participants were informed that stocks of essential commodities, including wheat, were adequate to meet requirements until the next harvest. However, the committee was warned against hoarding and market speculation. The PTI Kisan Wing welcomed the government's announcement of a wheat support price of Rs4,500 per maund but expressed concerns about its implementation.
The wing demanded a clear procurement policy, ensuring farmers could sell their wheat at the announced rate without facing exploitation by middlemen.
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