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The private sector is allowed to import wheat, farmers will not stock more than 200 manats

Evelyn by Evelyn
March 22, 2021
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The private sector is allowed to import wheat, farmers will not stock more than 200 manats

The Federal Ministry has suggested to the Prime Minister that the Ministry of Railways should set up a new infrastructure for better arrangements for cargo handling at Karachi and Bin Qasim ports in view of the huge expenditure on road transport of imported wheat from Karachi to the provinces. In addition, the government has made it mandatory for flour mills and licensed agencies of the provincial food department to provide details of warehouses, including geo-tagging, for the issuance of bank loans for procurement of wheat.

Unlicensed individuals and companies have been completely banned from purchasing wheat loans. Farmers and industry will also be required to inform the provincial government in writing to store more than 200 manats of wheat otherwise the government will seize the wheat. The government will pay the purchase price according to the government price. The Federal Ministry of National Food Security has been trying for a long time to reduce the import burden on government agencies and also to import wheat to the private sector to save government foreign exchange. However, some cabinet members and bureaucrats opposed it.

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