The Government of Sindh has decided to reduce the price of wheat from Rs 2,850 per 100 kilograms (kg) to Rs 2,800 per 100 kg and there will be an overall subsidy of Rs 600 million to be borne by the provincial government.
It was decided at a meeting held with the Sindh Chief Minister (CM), Syed Qaim Ali Shah regarding Sindh Wheat Policy for the year of 2012-2013 here on Monday evening.
The meeting was informed that the Sindh Food Department procured 1.290 million metric tons of wheat in the previous year.
Previously, the provincial government had released wheat to flour mills in September this year, and currently the balance stock position of wheat in the storage facilities was 1.090 million metric tonnes, said the Sindh Secretary Food, Aftab Ahmed Memon.
