{
  "id": 16256416,
  "title": "PM proposes Rs4,500 wheat support price",
  "url": "https://urgent.news/2026/10/24/pm-proposes-rs4-500-wheat-support-price",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-24T00:32:33.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40445727/pm-proposes-rs4500-wheat-support-price"
  },
  "original_language": "en",
  "account": "Islamabad - Prime Minister Shehbaz Sharif has proposed a wheat support price of Rs4,500 per maund for the 2027 crop, a Rs1,000 increase from the previous year, according to a statement. This announcement aims to bolster domestic wheat production and strengthen food security by encouraging farmers to cultivate more land under wheat, especially in light of mounting production costs due to inflation and higher fuel prices. Pakistan has been importing wheat for the past two years, and the higher price is intended to provide relief to farmers while helping them recoup expenses and earn a reasonable profit. The proposed rate, described as illustrative, comes after consultations with President Asif Ali Zardari, PML-N leader Nawaz Sharif, and the chief ministers of Punjab and Sindh. However, the statement did not specify how the price would be implemented or who would receive it, leaving these details unclear.",
  "summary": "ISLAMABAD: In a move aimed at encouraging cultivation and boosting domestic production, Prime Minister Shehbaz Sharif on Friday proposed a price of Rs4,500 per maund (40kg) for the 2027 wheat crop, an increase of Rs1,000 over last year. The proposal comes as Pakistan seeks to strengthen food security and reduce reliance on imported wheat after having to import the commodity over the past two…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}