ECC approves minimum wheat support-price as Rs.1650 /40 kg

ECC approves minimum wheat support-price as Rs.1650 /40 kg

Islamabad (Web Desk): Economic Coordination Committee has approved minimum support-price for the wheat crop as 1650 rupees per 40 kg, Radio Pakistan reported.

The decision was taken at ECC meeting chaired by Prime Minister’s Adviser on Finance Dr. Abdul Hafeez Shaikh. The meeting maintained the current release price at 1475 rupees per 40 kilogrames.

The committee also approved grinding ratio of wheat at the base level of 70:30. It further decided that ratio for the refined varieties of wheat flour will be decided by the Coordination Committee.

The meeting also granted approval for aggregate release of 38,000 metric tons of wheat per day to the flour mills.