LAHORE: The Punjab government has decided to fix the official wheat price at Rs2,900 per maund, a private TV channel reported quoting sources.
According to officials, the provincial Food Department has prepared a summary and sent it to Punjab Chief Minister Maryam Nawaz for approval. Once cleared, the proposal will be forwarded to the provincial cabinet for final decision.
Director General Food Naveed Shehzad Mirza has also recommended releasing government wheat stocks to the market at Rs2,900 per maund. The summary noted the current market conditions and flour supply situation in the province, requesting formal approval from the chief minister.
— ALSO READ —
Parking charges raised at Islamabad airport – check new fees
Sources said the purpose of releasing official wheat stocks is to keep flour prices stable, discourage hoarding, and provide relief to the public. If approved, flour mills will receive government wheat at Rs2,900 per maund, which will directly affect flour prices in the market.
The final approval of the proposed price will be given by Chief Minister Maryam Nawaz, after which the Food Department will begin releasing wheat.
