ISLAMABAD, March 1: The federal government has set the wheat procurement target for the 2016 season at 6.95 million tons against the target of 6.6 million tons in the previous year.
In a recent meeting held with the stakeholders concerned, the Ministry of National Food Security and Research decided to purchase 6.95 million tons of wheat from the farmers in the new harvesting season to meet domestic consumption requirements, say officials. Of the total target, the Punjab government would buy 4.5 million tons, Sindh will purchase 1 million tons, Khyber-Pakhtunkhwa 0.35 million tons, Balochistan 0.10 million tons and Pakistan Agriculture Services and Supplies Corporation (Passco) 1 million tons.
According to government statistics, the country has 5.426 million tons of wheat stocks available, of which 3.101 million tons are in Punjab, 0.627 million tons in Sindh, 0.198 million tons in K-P, 0.135 million tons in Balochistan and 1.365 million tons with Passco for meeting contingency needs and as strategic reserves, besides supplying to the army, Gilgit-Baltistan and Azad Jammu and Kashmir.- AFP
Govt sets wheat purchase target at 6.95 million tonnes
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