· · 2 sources

Federal minister says wheat price fixation supports farmers and boosts production

Federal Minister Rana Tanveer Hussain stated in Islamabad on October 25 that the recent wheat price fixation is a balanced approach to support farmers.

Minister calls recent wheat price fixation will support, encourage farmers
File photo Minister calls recent wheat price fixation will support, encourage farmers Photo: Associated Press of Pakistan

Government sets new support price

The federal minister for National Food Security and Research confirmed the government fixed the wheat support price at Rs 4,500 per 40 kilograms. He explained this measure aims to encourage cultivation and maintain stability in the market.

Officials address rising production costs

The minister noted that farmers have faced mounting expenses over the past two years due to higher electricity tariffs and fertiliser prices. He added that all stakeholders endorsed the current price fixation despite these challenges.

Minister directs provincial monitoring efforts

Rana Tanveer Hussain directed provincial administrations to strengthen monitoring to ensure wheat availability in the market. He also highlighted shortcomings in the country's agricultural data collection system that complicate supply decisions.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Associated Press of Pakistan
  • Business Recorder

Reported by

2 independent outlets. Headlines as published. Links open the original report.