ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib on Friday said the Sindh government was hand in glove with the mafia fleecing the consumers by selling wheat flour at higher rates.
Addressing a press conference along with Special Assistant to the Prime Minister on Maritime Affairs Mahmood Maulvi here, he said the ruling elite of Sindh including Asif Zardari, Bilawal Bhutto and Murad Ali were responsible for adding fuel to the injury of people by not releasing the public stock of wheat to the flour mills.
He said profiteers and hoarders were at par with the Sindh cabinet and they were being facilitated to mint money at the coast of poor consumers, adding, the ruling elite had its share in the ill-gotten money.
He said it was responsibility of the government to release wheat stock as such interventions help stabilize its prices. He reiterated the demand that the Sindh government should release the government stock of the wheat at the earliest to provide relief to the consumers.
PM wants Sindh to release wheat to mills immediately
The Punjab and KPK governments had been releasing the public stock to flour mills at subsidized rates of the respective provinces to stabilize the prices of the commodity whereas Sindh government had not released any public sector stock so far.
He said in Punjab and KPK, flour mills were provided 40kg of wheat at Rs 1950, which they were selling at Rs 1100 per 20kg bag.
On the contrary the peoples of Sindh especially Karachi were purchasing 20kg flour bag at Rs1,450 to Rs1,500 which was unjustified.
He said Ministry of National Food Security and Research, a couple of days ago, wrote a memorandum to the Sindh government with the observation that pricing trend in Sindh indicated that due to delay in release of wheat from public stock by the food department, prices were unstable in the province.
The minister said despite having the public wheat stock about 1.269 MMT, no releases had been started so far by Sindh government.
The memorandum said in the absence of public interventions, the traders and hoarders were making profit by increasing prices and fleecing the common consumer.
Farrukh said in past, wheat worth Rs 13 billion in Sindh was eaten by rodents, perhaps this time also the wheat stock had been wasted by the government. He said the stock was not eaten by the rodents; it was sold by the Sindh rulers and pocketed the money.
To a question, he said during past one year the federal government had given Rs 24 billion subsidy to Utility Store Corporation and during past one and half year Rs 30 billion subsidy were given to USC where commodities were available at 15 to 20 percent cheaper than the open market rates.
Copyright Business Recorder, 2021
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