• Home
  • E-Paper
  • Archive
  • Contact us
  • Daily Pakistan
Sunday, May 22, 2022
  • Login
No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper
No Result
View All Result
Daily The Patriot
No Result
View All Result
Home National

Finance minister urges provinces to ensure daily release of wheat on subsidized rates

by Hashir Ahmad
May 3, 2021
in National
0
Finance minister urges provinces to ensure daily release of wheat on subsidized rates
0
SHARES
15
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin chaired the meeting of the National Price Monitoring Committee (NPMC) here in Islamabad on Monday.
The NPMC reviewed the price trend of essential commodities especially wheat flour, sugar, edible ghee, chicken and vegetables during the last week.
While briefing the NPMC about weekly SPI, the Finance Secretary apprised that prices of 09 basic commodities registered a decline whereas 30 items remained stable during the week under review.
After due deliberation, the NPMC directed PBS to further review its data collection methodology to reflect variation between wholesale and retail levels for basic commodities across different cities accurately.
The finance minister also directed PBS to ensure that data must represent and reflect prevailing prices trends including prices prevailing in Ramadan Saastaa/Sahulat Bazars for wide coverage.
The Secretary, M/o NFS&R apprised the Committee about sufficient availability of wheat stocks across the country. He also briefed about arrangements underway to import wheat for building strategic reserves and to ensure steady supply during the current year.
A summary will be presented before next ECC for requisite approval in this regard, he added. While taking stock of the situation, the finance minister urged all the provincial governments to ensure daily release of wheat on subsidized rates in compliance with the directives of the Prime Minister to keep the prices of wheat flour bags in check.
Shaukat Tarin directed the respective provincial administrations and concerned departments for strict monitoring of prices of basic commodities and ensure availability of sufficient stocks of basic commodities to provide relief to the consumers on the special occasion of Eid.
Keeping in view the arrival of Eid, the finance minister stressed coordinated and consolidated efforts by all concerned to check undue profiteering and price hike to facilitate masses during the last week of Ramadan.
The meeting was attended by Federal Minister for National Food Security and Research Syed Fakhar Imam, SAPM on Finance and Revenue Dr. Waqar Masood, Secretary Finance Division, Secretary M/o NFS&R, Secretary M/o Industries and Production, Provincial Chief Secretaries, Member PBS, MD Utility Stores Corporation and other senior officers participated in the meeting.

Tags: finance ministersubsidized rateWHEAT
Hashir Ahmad

Hashir Ahmad

Next Post
Pakistan’s daily vaccinations cross 150,000 mark

Pakistan’s daily vaccinations cross 150,000 mark

Latest News

Pakistan lose Asia Cup warm-up to Korea
Sports

Pakistan lose Asia Cup warm-up to Korea

by Daily Patriot
May 22, 2022
0

LAHORE: Pakistan had a disappointing start to their Asia Cup campaign when they lost 2-1 to South Korea in their...

Read more
NZ cricket squad hit by Covid cases in England

NZ cricket squad hit by Covid cases in England

May 21, 2022
Thomas, Niemann charge early but McIlroy still leads at PGA Championship

Thomas, Niemann charge early but McIlroy still leads at PGA Championship

May 21, 2022
Germany, Italy allow firms to pay for Russian gas in roubles

Germany, Italy allow firms to pay for Russian gas in roubles

May 21, 2022
Fear of food shortage haunts Lankan PM

Fear of food shortage haunts Lankan PM

May 21, 2022
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper

© 2020 DAILY PATRIOT - Powered By SmartX DigitalSMARTX DIGITAL.

No Result
View All Result
  • Home
  • Top Stories
  • National
  • City
  • World
  • Sports
  • Technology
  • Editorial
  • Opinion
  • E-Paper

© 2020 DAILY PATRIOT - Powered By SmartX DigitalSMARTX DIGITAL.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In