The Punjab government has constituted a special committee to determine the new price of 20 kilograms flour bag keeping in view the increase in the price of electricity and petroleum products.
The committee comprises of MNA Saud Majeed, Secretary Punjab Food Department, Secretary Industries, Director Food Punjab, senior officials of the provincial finance department and Punjab Flour Mills Association (PFMA) Chairman Abdul Jabbar, Asim Raza Ahmad, Liaquat Ali Khan and others.
The committee will meet on April 07, 2012 to submit its recommendations in this regard and it is hoped that the new price of twenty kilograms flour bag would be fixed at Rs 625 per bag, said a spokesman of the PFMA here on Thursday evening.
Earlier PFMA Punjab in a meeting this morning attended by its Chairman Ch. Abdul Jabbar, Asim Ahmad Raza and others decided to enforce new price of 20 kilograms bag at Rs 625 per bag due to increase in electricity and petroleum products. The Association had to increase the prices on March 26, 2012 and later on further increased decided to enforce new price from today.
Nevertheless, Punjab government sensing the situation called another meeting today which was chaired by the Senior Advisor to the Chief Minister Punjab Sardar Zulfikar Ali Khan Khosa and participated by both flour millers and government departments to discuss the issue. Flour milling industry presented their case quoting increase in electricity and petroleum products prices as the reason behind raising flour prices.
The government constituted a committee to discuss the issue and submit its recommendations in a meeting to be held on April 07, 2012. Flour millers are hopeful that the new price would be announced in this meeting.
