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Recent wheat price fixation will support farmers: minister

Business Recorder • • 1 min read

Recent wheat price fixation will support farmers: minister

Federal Minister for National Food Security and Research Rana Tanveer Hussain said the government’s wheat support price of Rs4,500 per 40 kilograms is intended to help farmers and encourage domestic production, Business Recorder reported. He called the rate a balanced measure and said farmers had faced higher costs for electricity, fertiliser, seeds and other inputs over the past two years.

Hussain said better returns could encourage farmers to grow more wheat and invest in agricultural inputs, with the possibility of a surplus next season. He also said provincial administrations had been asked to monitor supplies and prices, while the government seeks more reliable agricultural data to guide planning on crops, production and food security.

At a glance

  • The wheat support price is set at Rs4,500 per 40 kilograms.
  • The minister linked farmer support with higher wheat cultivation and domestic production.
  • The government is seeking more reliable agricultural data for planning.

Originally reported by Business Recorder

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