BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)

LAHORE: The Punjab government has set a strategic wheat reserve target of 3.0 million metric tonnes under the Punjab Wheat Procurement Policy 2026, with 2.5 million metric tonnes to be procured through private-sector aggregators and 0.5 million metric tonnes through government-to-government (G2G) arrangements, Special Assistant to the Chief Minister for Food Safety and Consumer Protection Salma Butt said on Wednesday.

She was presiding over a pre-qualification meeting for the Punjab Wheat Procurement Policy 2026. The meeting was attended by Secretary Food Safety and Consumer Protection Dr Kiran Khurshid, Additional Secretary Khalid Basheer, Director General Food Punjab Amjad Hafeez and other senior officials.

Briefing participants, DG Food Punjab Amjad Hafeez outlined the complete pre-qualification mechanism for selecting aggregators from the private sector to manage and maintain strategic wheat reserves. Representatives of several major organisations and groups, including the Green Pakistan Initiative, Fauji Fertilizer, Louis Dreyfus, Cargill, Dawood Group, Maqsood Group, Askari Bank, Bota Brothers, Lasani Group, Khawaja Group, Ravi Group and Sunny Group, attended the session.

Salma Butt said the deadline for submission of pre-qualification applications to the Food Safety and Consumer Protection Department has been fixed for February 12. Following evaluation, the department will notify the selected aggregators, after which Requests for Proposals (RFPs) will be issued.

She further said that under the policy framework, aggregators would be required to ensure full payment to verified farmers within 72 hours of wheat procurement. The verification of farmers will be carried out by the Divisional Strategic Reserve Management Committees.

To ensure complete transparency, she added, all payments to farmers will be made through crossed cheques and verifiable online banking transactions.

Copyright Business Recorder, 2026

Comments

Comments are closed for this article.