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Reading: Support price for wheat increased to Rs1,300
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PhotoNews Pakistan > Business > Support price for wheat increased to Rs1,300
Business

Support price for wheat increased to Rs1,300

Web Desk
By Web Desk Published November 2, 2014 1 Min Read
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ISLAMABAD: The government increased on Saturday wheat support price for the year 2014-15 crop from Rs1,200 to Rs1,300 per 40kg.

A statement released by the finance ministry said that as chairman of the Economic Coordination Committee of the cabinet, Finance Minister Ishaq Dar took the decision to facilitate the farmers who had been facing difficulties due to an increase in prices of inputs.

Earlier in March, Mr Dar himself had rejected the farmers’ plea for an increase in wheat support price.

An official of the ministry of food security told Dawn it appeared that the PTI sit-in had forced the government to raise the wheat support price because most of the farmers, especially in southern Punjab, supported Imran Khan.

And the government had tried to please the farmers at the cost of end consumers, he added.

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