Former Caretaker Prime Minister Anwar-ul-Haq Kakar has said that no one has any objection to spending dollars to buy dog food from abroad, but everyone is suffering when the people of Pakistan get cheap bread. Ga, there was no corruption in the matter of buying wheat from abroad, due to our measures, inflation has come down, I am being abused if the poor get cheap bread.
Speaking in a program on a private TV channel, Senator Anwarul Haq Kakar said that there is no wheat crisis in the country and there was no corruption in this matter. I have not done anything wrong. Not called.
The former caretaker prime minister said that no one has any objection to spending dollars to import dog food, but everyone is suffering when the people of Pakistan get cheap bread. If the investigation committee calls me, I will definitely go.
Punjab government’s incompetence on wheat import issue has come to the fore, important documents are also exposed
Anwar-ul-Haq Kakar further said that we are being accused of importing wheat during caretaker period for corruption, we have not issued any new SRO, SROPTI to allow import to private sector. Issued during the regime, that SRO remains in force till date.
It has been decided to start buying wheat from Monday in Balochistan and the Balochistan government will buy 5 lakh tonnes of wheat from farmers this year.
A high-level meeting of the Food Department was held in Quetta under the chairmanship of Chief Minister Balochistan Sarfaraz Bugti, in which the Wheat Procurement Policy and Plan 2024 was reviewed.
Balochistan Chief Minister said that two and a half billion rupees will be released on Monday for the purchase of wheat, and the remaining two and a half billion rupees will also be released this month.
Mir Sarfraz Bugti clarified that he wants to give relief to the farmers, he will bring transparency by eliminating corruptions from the food department.
Prime Minister’s order for investigation on continuation of import of wheat following February 2024
It should be noted that these days in the country, especially in Punjab, farmers are protesting because the government is not buying wheat from the farmers.
In the Punjab Assembly, the government might not satisfy the House on the government’s wheat policy, Minister Khawarik Bilal Yasin once once more called the abundant stocks of imported wheat as the cause of the crisis, while the opposition protested the delay in wheat procurement, on which the Speaker The meeting was adjourned indefinitely.
In the session of the Punjab Assembly which started with a delay of 3 hours and 27 minutes, Speaker Malik Ahmed Khan suspended the rules and held a debate on wheat.
Provincial Minister Khawarik Bilal Yasin told the House that due to the import of wheat, the Punjab government is suffering a loss of crores.
Opposition members protested inside and outside the House and raised anti-government slogans for not being allowed to debate on wheat.
Formation of fact-finding committee on wheat import issue
Opposition Leader Punjab Assembly Malik Ahmed Khan Bachhar said that the government has failed to provide relief to the farmers.
In the meeting, the opposition leader requested to bring Mian Aslam Iqbal safely in the House or take oath through video link, which was rejected by the Speaker.
The government presented a new wheat policy in the House and neither is the government buying wheat from farmers.
Food Minister Bilal Yasin also made a statement in the House in the name of wheat policy for Khana Pari and Punjab Assembly Speaker Malik Ahmad adjourned the Punjab Assembly session for an indefinite period to give the Food Minister an escape route.
Wheat procurement crisis continues, subsidy proposals might not go ahead
Malik Ahmad Khan said that the opposition has decided to re-convoke the meeting of the Punjab Assembly and has submitted the requisition to the Assembly Secretariat.
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2024-05-01 22:25:40
According to the department of economic analysis and investment strategy for agricultural products of Piraeus Bank, increases in the prices of wheat, sugar and orange juice are expected.
On the contrary, a decrease in prices corn, cotton and rice, according to the same analysis.
In more detail, according to Piraeus Bank, the signs of normality in the wheat market may be reversed due to geopolitical risks, putting its price on an upward trajectory.
For sugar, upward pressure on its price as a result of adverse weather conditions is likely, affecting production prospects.
“Oversold” levels in the corn price are acting as a support for its price, however reduced Chinese imports are likely to have a negative impact.
For orange juice, production cuts are likely to boost its price, but its high valuation level raises concerns regarding its price trajectory.
Increased Indian cotton production is likely to limit the upward trajectory of cotton prices, despite continued Chinese imports.
For soybeans, the uncertainty that still exists around global supply levels may have a negative effect on its price.
According to the newsit, limited production and export activity may maintain the high level in cattle prices, a trend that is likely to reverse due to the high level of valuation.
For rice, the prospects of enhanced Indian rice production may have a negative impact on its price.
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