Sindh govt, Passco sign MoU for 300,000 metric ton wheat procurement.

KARACHI -- The Sindh Food Department on ThursAday signed Memorandum of UnderAstanding with Pakistan Agricultural Storage and Services Corporation (PassAco) for procurement of three lac metric ton wheat. Passco General Manager Col (r) Tanveer Ahmed Meo represented the federal organization while addiAtional director food Sindh Khalid QaimAkhani signed the paper on part of Sindh food department.

On the occasion Sindh Minister for Food Hari Ram Kishori Lal, Secretary Food Sindh Laeeq Ahmed, Director Food Khadim Hussain Bhutto, ChairAman Pakistan flour Mill Association Khalid Masood and ex-chairman PakiAstan Flour mill Association Muhammad Yousaf and others witnessed the cerAemony.

Talking to media, Sindh Minister for Food Hari Ram said that Sindh food deApartment had already procured 1 lac metric ton wheat from Passco which was being supplied to flour mills. He added that sufficient wheat stock was available in Sindh for its requirement till the next crop season. He said that wheat procured from Passco was beAing supplied on subsidised rates to flour mills with fifty percent cost share of federal and provincial government, while Sindh government was giving 100 perAcent subsidy on stock available with Sindh Food Department. He said that Sindh food department had fixed Rs 43 per kg ex-mill rate of flour with the consensus of PakiAstan Flour Mill Association.

The provincial minister said that this week flour prices were at Rs 46 per kg but within a week prices of flour would be at Rs 43 per kg. To a question, the minister said that Sindh government had decided not to procure wheat in last season as enough stock of 8 lac metAric ton was available in the godowns of food department.

To another question, the provincial minister said that due to rumors the flour prices were increased. He added that when wheat was being supplied...