500k tonnes wheat to be sold at Rs950 per maund

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Punjab government has given approval to the sale of half-million tonnes of wheat at Rs950 per maund, during January. It was disclosed that through the sale of wheat present in godowns, which was purchased in 2009-10, further expenditure of Rs3 billion to be incurred on its protection can be saved. This was stated by Senior Advisor to Chief Minister Punjab Sirdar Zulfiqar Ali Khan Khosa, while presiding over a meeting at 90-Shahrah-e-Quaid-e-Azam. Provincial Minister for Law Rana Sanaullah, Provincial Minister for Agriculture Ahmad Ali Aulakh, Chief Secretary Punjab, Chairman Planning and Development Board and Secretaries of Finance, Food and Agriculture Departments, attended the meeting. The meeting was told that at present, 4.3 million tonnes wheat is available with the food department in godowns of various districts, whereas only 0.7 million tonnes wheat have been sold so far. The meeting was told that this wheat would be sold at the export rate of Rs1036 per maund.