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Top News

Govt approves sale of 58.2m ton wheat

Published Updated

Pak_WheatLAHORE: Senior Advisor to Chief Minister Punjab, Zulfiqar Ali Khosa has said that the government has approved sale of 58.2 million tons wheat at Rs950 per maund during January.

Presiding over a meeting here on Thursday, he said through sale of wheat laying in godowns which was purchased in 2009-10, further expenditure of Rs 3 billion to be incurred on its protection could be saved.

The meeting was told that at present, 4.3 million tons wheat is available with Food Department in godowns of various districts, whereas only 700,000 tons wheat have been sold so far. The meeting was also told that this wheat would be sold at the export rate of Rs 1036 per maund.

Provincial Minister for Law Rana Sanaullah, Provincial Minister for Agriculture Ahmad Ali Aulakh, Chief Secretary Punjab, Chairman Planning & Development Board, Secretaries of Finance, Food and Agriculture departments attended the meeting.

Copyright APP (Associated Press of Pakistan), 2011

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