ECC fixes minimum support price for wheat at Rs1400/40kg

MG News | March 13, 2020 at 10:00 AM GMT+05:00

0:00

March 13, 2020: Economic Coordination Committee of the Cabinet has fixed minimum support price for wheat at 1,400 rupees per forty kilograms.

The Committee, which met in Islamabad today (Thursday) with Finance Advisor Dr Abdul Hafeez Shaikh in the chair, took this decision to ensure parity in wheat prices throughout the country.

The ECC also set up a Wheat Procurement Monitoring Group to ensure smooth procurement of wheat by public sector departments in the upcoming harvest season.

The meeting also discussed the falling prices of oil in the international market and its impact on the national economy.

It was announced that the benefit of the reduced oil prices in the global market would be passed on the consumers in the country in due course of time as per mechanism already being followed by the government.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	155,858.48 232.66M	-0.20% -318.64
ALLSHR	93,385.83 437.37M	-0.25% -237.26
KSE30	47,851.52 125.11M	-0.40% -191.53
KMI30	223,719.09 107.59M	-0.60% -1350.50
KMIALLSHR	60,541.53 227.24M	-0.53% -324.48
BKTi	45,022.52 54.66M	-0.18% -79.74
OGTi	32,464.35 8.69M	-1.99% -658.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,470.00	71,310.00 69,080.00	275.00 0.39%
BRENT CRUDE	91.18	92.98 86.24	3.38 3.85%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.20 -9.31%
ROTTERDAM COAL MONTHLY	121.00	0.00 0.00	-0.85 -0.70%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	86.56	88.99 81.79	3.11 3.73%
SUGAR #11 WORLD	14.23	14.53 14.23	-0.15 -1.04%