Cabinet approves wheat support price at Rs.1,650 per 40kg: Shibli Faraz - AsiaNet-Pakistan

Cabinet approves wheat support price at Rs.1,650 per 40kg: Shibli Faraz

November 10, 2020 | | Share:

Islamabad, November 10, 2020 (PPI-OT): The cabinet has approved wheat support price at the rate of 1,650 rupees per 40 kilogrammes. This was stated by Minister for Information and Broadcasting Syed Shibli Faraz, while briefing media in Islamabad this afternoon, about decisions taken in the cabinet meeting, which met in the federal capital today (Tuesday) with Prime Minister Imran Khan in the chair. He said the support price will enable common people to buy flour on affordable rates as well as farmers to get best price of their crop.

The Minister said the cabinet also discussed that government subsidies should reach to the deserving people, especially the poor and the middle class. He said Prime Minister’s Special Assistant on Finance has been tasked to evolve a comprehensive strategy to rationalize subsidies of worth four trillion rupees so that deserving families can be benefited to the maximum. He said Ehsaas and other databases will be used in this regard. Syed Shibli Faraz said in view of resurgence of COVID-19 pandemic, the cabinet also called for imposing strict restrictions on mass activities, except business and wealth creation, to prevent loss of precious human lives and stalling economic activities in the country.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

Category: English, Official News