Pakistan Raises Wheat Support Price by Rs. 1,000, But Farmers Want More

Prime Minister Shehbaz Sharif has approved an indicative wheat backing rate of Rs.

Key points

• National Food Security Minister Rana Tanveer Hussain separately remarked the federal administration would coordinate with the provinces to establish a uniform wheat cost.
• According to a Prime Minister's Office statement, the growth seeks to provide relief to growers facing higher production costs, rising fuel rates and inflation.
• The prime minister additionally acknowledged the cooperation of the provincial governments of Punjab and Sindh during consultations on the rate.
• The minister continued that the federal administration had reserved one million metric tons of wheat and issued directives to preserve the stocks.

Prime Minister Shehbaz Sharif has approved an indicative wheat backing rate of Rs. 4, 500 per maund for 2027, an growth of Rs. 1, 000 from last year's Rs. 3, 500.

In practice, the proposed rate remains Rs. 500 below the cost demanded by farmers. According to a Prime Minister's Office statement, the growth seeks to provide relief to growers facing higher production costs, rising fuel rates and inflation.

While strengthening food security and supporting domestic production, shehbaz remarked the decision was intended to encourage wheat cultivation, assist farmers recover their input costs and earn a reasonable profit. Govt Wheat Policy Has Failed Again.

Notably, the prime minister additionally acknowledged the cooperation of the provincial governments of Punjab and Sindh during consultations on the rate.

National Food Security Minister Rana Tanveer Hussain separately remarked the federal administration would coordinate with the provinces to establish a uniform wheat cost. He remarked farmers had received low costs for their wheat and expressed hope that market rates would decline within days.

For context, the minister continued that the federal administration had reserved one million metric tons of wheat and issued directives to preserve the stocks. He remarked provincial governments were responsible for bringing wheat to market. Stay Connected with ProPakistani.

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In short, pakistan Raises Wheat Support Price by Rs. 1, 000, But Farmers Want More is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.