Farmers hail raise in wheat support price
Farmers Welfare Association has welcomed government decision of increasing wheat support price.
It has been upped from the existing Rs.1050 per 40 kg to Rs.1200 per 40 kg for next crop season.
Chairman Farmers Welfare Association Muhammad Nasir Sarver has said that the government decision of increasing the wheat support price will encourage wheat growers.
He said the decision will go a long way to increase wheat cultivation area and wheat production in the country.
On the other hand, Pakistan Flour Mills Association has strongly condemned the government decision of increasing wheat support price by Rs.150 and termed it political move as it will lead to costly flour for the masses.
It is pertinent to mention here that the Economic Coordination Committee (ECC) of the Cabinet on November 22 had decided to approve the summary of Ministry of Food Security for increase in the support price of wheat for next crop to Rs.1200 per 40 kg against the last year’s support price of Rs.1050 per 40 kg.
The committee was informed that the international prices of wheat are much higher and this results in smuggling of wheat to neighboring countries.
Moreover, prices of inputs have risen during the last one year. In order to facilitate and encourage wheat growers it is essential to increase the support price.
