ISLAMABAD, Feb 17: The government banned on Tuesday import of wheat by private sector, saying it would benefit growers.

A meeting of the Task Force on Agriculture also decided to help the Pakistan Agricultural Supplies and Storage Corporation and provincial food departments to achieve the wheat procurement target of 6.5 million tons.

It said there should be no restriction on inter-provincial movement of wheat and asked the Punjab government not to stop supplies to the NWFP and other parts of the country.

Minister for Food and Agriculture Nazar Mohammad Gondal, Adviser to the Prime Minister Shaukat Tarin, Minister of State for Finance Hina Rabbani Khar, Minister for Industries Manzoor Ahmed Wattoo and Minister for Privatisation Naveed Qamar attended the meeting.

Addressing a press conference after the meeting, Mr Gondal said the finance ministry would provide around Rs200 billion for wheat procurement.

He said 1.5 million tons of wheat would be procured by Passco, 3.05 million tons by the Punjab government, 1.2 million tons by Sindh, 300,000 tons by the NWFP and 500,000 tons by the Balochistan government.

The government would purchase wheat beyond the target if growers so desired, Mr Gondal said.

The wheat stock position is satisfactory. By the end of last week, Punjab had 1.1 million tons, Sindh 50,000 tons, the NWFP 184,000 tons and Balochistan 65,000 tons. The private sector has its own stocks.

About 590,000 tons of imported wheat started arriving at the Gwadar port on Friday and the process will continue till March 5. The Trading Corporation of Pakistan will complete the import of another 272,000 tons of wheat by March 31. The World Food Programme will provide another 30,000 tons.

Talking to Dawn, Food and Agriculture Secretary Ziaur Rehman said he hoped the wheat production target of 25 million tons would be achieved this year.

The government timely fixed the procurement price at Rs950 per 40kg, which comes to Rs23,750 or $300 per ton. In the international market, wheat is selling at around $200 a ton and the price has been declining for the past few weeks.

Opinion

Editorial

Risky slope
Updated 17 Dec, 2024

Risky slope

Inflation likely to see an upward trajectory once high base effect tapers off.
Digital ID bill
17 Dec, 2024

Digital ID bill

THEY appear to be at it again — bulldozing legislation. The government now has a plan to turn Pakistan into a...
Dangerous revisionism
17 Dec, 2024

Dangerous revisionism

THE ongoing campaign by Sangh Parivar fanatics in India questioning the origins of mosques and other Muslim holy...
Remembering APS
Updated 16 Dec, 2024

Remembering APS

Ten years later, the state must fully commit itself to implementing NAP if Pakistan is to be rid of terrorism and fanaticism.
Cricket momentum
16 Dec, 2024

Cricket momentum

A WASHOUT at The Wanderers saw Pakistan avoid a series whitewash but they will go into the One-day International...
Grievous trade
16 Dec, 2024

Grievous trade

THE UN’s Global Report on Trafficking in Persons 2024 is a sobering account of how the commodification of humans...