Pak Affairs

Govt. warns hoarders of wheat confiscation

ISLAMABAD: The government has warned the wheat hoarders to offer their wheat by Monday (May 19) to the public sector procurement agencies; otherwise their stocks will be confiscated.
A detailed briefing on current wheat situation was given to the Minister for Food, Agriculture and Livestock(MINFAL) Mr. Nazar Muhammad Gondal by the Ministry of Food, Agriculture and Livestock in a high level meeting held on Saturday. After thorough discussion and considering the various options, it was decided that procurement of wheat by the public sector agencies should be given incentives by paying the farmers transportation charges @ Rs.25/- per 100 kg bag for bringing the wheat to procurement centres, in view of the increase in prices of the petroleum products.

It was decided that for sending of wheat to NWFP and Balochistan, the Pakistan Railways should be used at the sole mode of transportation. The wheat hoarders have been warned to offer their wheat by Monday (19.5.2008) to the public sector procurement agencies in the next 48 hours otherwise their stock will be confiscated. The informers of hoarded wheat will be adequately rewarded. The information can be provided on mobile phone No.0301-8551322 and 0300-5004925.

The Federal Minister for Food, Agriculture and Livestock has decided to hold immediate meetings with Chief Ministers of Punjab and Sindh to review the wheat procurement situation and to discuss measures to accelerate its pace. The wheat stocks held by Flour Mills over and above the sanctioned quota will be confiscated. Commercial Bank have sanctioned limits to the private sector for the procurement of wheat, MINFAL would ensure that the necessary provisions of the policy are complied with.-SANA

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Rubab Saleem

Rubab Saleem is Editor of Pakistan Times

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