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Sindh asks TCP to help export 0.4m tonne wheat out of total 1.1m-tonne stock

byMonitoring Report
12/12/2014
in Business
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KARACHI: Having 1.1 million tonnes of wheat stock out of which 0.4 million tonnes are available for immediate export, the Sindh provincial government has decided to export the surplus wheat.

The government also asked the Centre to extend its support from Trading Corporation of Pakistan in this respect. The decision was made during a meeting held to review the prevailing stock, and market price of wheat. It was chaired by Chief Minister Syed Qaim Ali Shah at his house.

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The CM formed a committee to work out and prepare export mechanism within 2 to 3 days. He also directed the authorities of food department to issue the tender for exporting the wheat within 3 days for wheat export.

He also directed the officers to take strict action against the wheat hoarding and sale of sub-standard wheat in the market. He said that since the federal government had allowed for importing the wheat without consultation with Sindh government, specially when Sindh government and even Punjab government were possessing huge stock of indigenous production of wheat, it should share the losses and extend its support for extorting the surplus wheat of the Sindh.

Tags: Chief Minister Syed Qaim Ali ShahTCPTrading Corporation of Pakistanwheat

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