AIRLINK 75.75 Increased By ▲ 1.25 (1.68%)
BOP 4.70 Decreased By ▼ -0.03 (-0.63%)
CNERGY 4.15 Increased By ▲ 0.01 (0.24%)
DFML 40.60 Increased By ▲ 1.25 (3.18%)
DGKC 86.90 Increased By ▲ 2.00 (2.36%)
FCCL 22.24 Increased By ▲ 0.34 (1.55%)
FFBL 30.40 Increased By ▲ 0.19 (0.63%)
FFL 9.26 Increased By ▲ 0.01 (0.11%)
GGL 10.23 Decreased By ▼ -0.17 (-1.63%)
HASCOL 6.20 Decreased By ▼ -0.13 (-2.05%)
HBL 107.50 Decreased By ▼ -0.75 (-0.69%)
HUBC 140.00 Decreased By ▼ -0.25 (-0.18%)
HUMNL 10.44 Increased By ▲ 0.14 (1.36%)
KEL 4.82 Increased By ▲ 0.02 (0.42%)
KOSM 4.49 Increased By ▲ 0.07 (1.58%)
MLCF 37.86 Increased By ▲ 0.36 (0.96%)
OGDC 124.50 Decreased By ▼ -0.14 (-0.11%)
PAEL 24.90 Increased By ▲ 0.46 (1.88%)
PIBTL 6.15 Decreased By ▼ -0.05 (-0.81%)
PPL 115.50 Decreased By ▼ -0.90 (-0.77%)
PRL 24.38 Decreased By ▼ -0.22 (-0.89%)
PTC 13.10 Decreased By ▼ -0.03 (-0.23%)
SEARL 59.80 Increased By ▲ 3.81 (6.8%)
SNGP 62.40 Decreased By ▼ -0.58 (-0.92%)
SSGC 9.66 Decreased By ▼ -0.21 (-2.13%)
TELE 7.81 Decreased By ▼ -0.18 (-2.25%)
TPLP 9.99 Increased By ▲ 0.06 (0.6%)
TRG 64.90 Increased By ▲ 0.40 (0.62%)
UNITY 26.79 Increased By ▲ 0.13 (0.49%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 7,708 Decreased By -9.6 (-0.12%)
BR30 24,702 Decreased By -75.3 (-0.3%)
KSE100 73,879 Increased By 16.3 (0.02%)
KSE30 23,666 Decreased By -24.8 (-0.1%)

The Pakistan Agricultural Storage & Services Corporation (PASSCO) is all set to launch its wheat procurement drive 2020 from Sindh & Balochistan from March 10, 2020, and in Punjab from April 01, 2020, with a target of buying total 1.6 million tons of grains.

The Board of Directors of the Corporation in a recent meeting approved the procurement policy of the Corporation and asked it to initiate the drive at the earliest. The Corporation has been tasked to buy 250,000 tons of wheat from Sindh, 1.65 million tons from Punjab and 50,000 tons of grain from the Balochistan province. Growers will be paid Rs1365 per maund for their grains.

General Manager (Field) PASSCO Muzahir Iqbal while confirming the buying target said that recent rain spells and other circumstances may slightly delay the start of procurement, though all the initial arrangements have been completed. He said they may start procurement in Sindh & Balochistan between March 10 to 15 and in Punjab from April 01 to 05, 2020.

He said in Sindh they will be procuring wheat from Khairpur, Shaheed Benazir Abad, Skrund, Hyderabad and Umer Kot while in Punjab the Corporation will be in action in 16 Tehsils.

Copyright Business Recorder, 2020

Comments

Comments are closed.