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Minister claims sufficient wheat stock to meet domestic needs

20 January, 2020 00:18

Minister claims sufficient wheat stock to meet domestic needs is available.

Minister for National Food Security Khusro Bakhtiar said, while addressing a news conference in Islamabad.

Minister claims sufficient wheat

Moreover, he expressed firm resolve to take strict action against those involved in hoarding and profiteering.

He further warned of stern action against those creating artificial crisis of the commodity in domestic markets.

The Minister said current scenario of wheat and flour emerged due to multiple reasons.

He referred to transporters’ strike in Karachi which effected supply in local markets of Sindh.

Furthermore, he pointed to the ban on movement of wheat between Punjab and Khyber Pakhtunkhwa to curb its smuggling.

However, he also noted that the government also addressed both the causes.

Sufficient wheat available

Meanwhile, he also said noted restored supply of grains. He said that had bridged the demand and supply gap.

He also asserted that the situation would remain smooth in the local markets.

The minister said wheat prices would also come down in a couple of days.

said a special helpline has been established to monitor the wheat supply in local markets.

Ministry of National Food Security 

The Ministry of National Food Security & Research is mainly responsible for policy formulation, economic coordination and planning in respect of food grain and agriculture.

It also includes procurement of food grains, fertilizer and import price stabilization of agriculture produce.

Finally, it remains responsible for international liaison and economic studies for framing agricultural policies.

GTV

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