The Punjab government has officially announced the continuation of its wheat release policy, ensuring a stable supply of wheat across the province. On the directives of Punjab Chief Minister Maryam Nawaz, the Price Control and Commodities Management Department instructed to release additional wheat from government warehouses.
Punjab Government Wheat Release Policy
Under the revised Punjab government wheat release policy, the release rates standardized across the province. The government has set the official wheat release price at Rs 2,900 per maund, making it uniform for all buyers. This decision aims to stabilize the wheat market and prevent price fluctuations, ensuring affordability for consumers.
Massive Wheat Release from Government Warehouses
The Secretary of the Price Control and Commodities Management Department issued an official notification confirming the large-scale Punjab government wheat release. Initially, the Punjab cabinet approved the release of 1.2 million metric tons of wheat from government reserves. This move is part of the government’s commitment to maintaining a steady wheat supply and supporting local flour mills.
Current Wheat Distribution Update
Director General of Food Punjab, Shoaib Jadoon, reported that the Food Department has successfully sold 1.2 million metric tons of wheat so far. The Punjab government wheat release initiative expected to curb hoarding and ensure that wheat is available at a fair price in the market.
With the continuation of the Punjab government wheat release policy, authorities are closely monitoring the distribution process to prevent any market manipulation. The government remains committed to keeping wheat prices stable and accessible for all citizens in Punjab.
Stay updated for more developments on the Punjab government wheat release and its impact on wheat prices across the province.
