Sindh Govt to Release Wheat to Control Flour Prices

Sindh Chief Minister Murad Ali Shah has approved the release of administration wheat stocks from October 15 to stabilize flour costs and ensure uninterrupted supplies throughout the province.

Key points

• The Food Department remarked Sindh at present holds 346, 414 metric tons of wheat.
• Karachi Division at present has 135, 948 metric tons in stock.
• The decision came during a high-level session where office-holders briefed the chief minister on wheat reserves and rising flour rates.
• Shah directed authorities to closely monitor market trends once administration wheat is published and ensure that consumers benefit through lower flour costs.
• According to the briefing, retail flour rates in Karachi have reached Rs.

For context, the wheat will be published at Rs. 12, 500 per 100-kilogram bag, below Karachi's current open-market cost of Rs. 13, 200. Flour Millers to Go on Strike Throughout Punjab.

Meanwhile, the decision came during a high-level session where office-holders briefed the chief minister on wheat reserves and rising flour rates.

According to the briefing, retail flour rates in Karachi have reached Rs. 165-170 per kilogram, compared with Rs. 160-165 on October 1. Wheat rates have additionally risen from Rs. 12, 400 to Rs. 13, 200 per 100 kilograms over the same period.

For context, the Food Department remarked Sindh at present holds 346, 414 metric tons of wheat. An extra 190, 000 metric tons from the Pakistan Agricultural Storage and Services Corporation (PASSCO) and 300, 000 metric tons of imported wheat will bring total availability to 836, 414 metric tons.

Karachi Division at present has 135, 948 metric tons in stock. Its reserves are projected to reach 565, 948 metric tons after the further supplies arrive. 40Kg Wheat Bag May Hit Rs. 5, 000.

He remarked the government's objective was to maintain steady wheat supplies, stabilize costs, and protect consumers from further increases in the cost of flour. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover. Follow on Google News Join WhatsApp. See more ProPakistani stories in Google Search and Top Stories.

For now, sindh Govt to Release Wheat to Control Flour Prices remains the part of the story worth watching, and further updates are likely as more details are confirmed.