0
Your Cart

As soon as wheat exporter, Pakistan importing commodity value $2b yearly: Cheema

ISLAMABAD: Federal Minister for Nationwide Meals Safety and Analysis Tariq Bashir Cheema on Friday stated that now Pakistan is importing wheat value $2 billion yearly, at one time, Pakistan used to export wheat.

Addressing a press convention right here, he stated that this time “we’ve to import 2.6 million tons of wheat from Russia, out of which we’ve acquired 1.3 million tons.

The minister stated that after the choice of the overview committee, the federal government has determined to import 2.6 million tons of wheat this yr.

He stated that the federal government had saved 1.8 tons of wheat within the Strategic Reserve final yr, which can include 1.5 million this yr.

The minister stated that there isn’t a scarcity of wheat/flour anyplace within the nation, “we’ve wheat in abundance and the provinces have additionally been requested to inform how a lot wheat they need.”

He stated that provinces together with Punjab aren’t releasing wheat; they’re getting wheat as per requirement.

Tariq Cheema stated that the scarcity of wheat within the nation and noise about costs is pointless and the federal government is able to face all types of challenges.

He stated that after the 18th modification, agricultural commodities together with wheat are the problem of provincial governments.

He stated that every one the provinces together with Khyber Pakhtunkhwa are getting quota wheat and there’s no scarcity of wheat anyplace within the nation.

The minister stated that when provincial governments launched wheat from the provinces, the costs of flour within the nation decreased.

He stated that Pakistan Agricultural Storage and Companies Company Ltd (PASSCO) does the procurement of wheat and all of the provinces additionally cope with it when it comes to wheat.

Replying to a query, he stated that efforts had been being made to scale back the reliance on imported meals commodities, and improve the native output of meals commodities, together with that of wheat and oil seeds as edible oil imports swelled to $ 4.5 billion throughout final yr and wheat imports to $ 2 billion.

He stated {that a} technique was being devised for stabilizing flour costs to make sure the supply of flour at reasonably priced charges.

“The shortfall is being fulfilled by buying the commodity from the open market, as a result of which we confronted value fluctuation”, he stated including “the federal government has additionally established about 38 sale factors to supply wheat flour to the decrease earnings teams.”

The federal government was additionally inspecting the grinding capability of flour mills as a way to function them to their optimum capability to provide adequate portions of flour to fulfill native wants, he added.

The minister additional stated that out of the overall procurements, the federal government was procuring about 20 to 21 p.c of the overall wheat produced, whereas the remaining 80 p.c was procured by the non-public sector.

He stated that it was wanted to streamline the worth differential to take care of costs.

He stated that final yr wheat assist value was mounted at Rs 2,200 and this yr it was proposed to be mounted at Rs 3,000 per 40 kg, including that the governments of Punjab, Balochistan and Khyber Pakhtunkhwa recommended fixing the assist value at Rs 3,000 per 40 kg. Nonetheless, Sindh has mounted the assist value at Rs 4,000.

In response to a query, he stated that solely licensed soybeans have been launched and no genetically modified organisms (GMOs) soybeans have been launched.

 

 

X
× WhatsApp