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2 clusters · 7 sources · 14 days · First seen · Last updated

Punjab wheat and flour price stabilization efforts

Overview

To address soaring wheat and flour costs, the Punjab provincial government initially approved a Rs10 billion subsidy package. This measure aimed to stabilize the market by increasing the quota of subsidized wheat supplied to flour mills after retail prices for fine flour rose significantly in cities like Lahore.

Following the subsidy approval, the government implemented stricter regulatory measures to curb smuggling and overpricing. These included a ban on 20kg flour bags in favor of 10kg packs to make bulk diversion easier to track. Additionally, authorities intensified enforcement through inspections, resulting in tens of thousands of violations, millions in fines, and numerous arrests for failing to adhere to government-notified rates.

Entities

Maryam Nawaz Sharif · Punjab · Kiran Khursheed · Flour Mills Association · Punjab Government

Timeline

  1. [BUSINESS] 4 sources
    Punjab government implements new flour packaging and price enforcement measures

    Punjab authorities have banned 20kg flour bags to prevent smuggling and collected over Rs10.6 million in fines from traders for overpricing essential goods.

  2. [BUSINESS] 5 sources
    Punjab approves Rs10 billion subsidy to combat rising flour prices

    Punjab Chief Minister Maryam Nawaz Sharif approved a Rs10 billion subsidy to address rising flour prices and wheat shortages in the province.

Sources

dailytimes.com.pk · en.dailypakistan.com.pk · ghanamma.com · lhrtimes.com · paktribune.com · startuppakistan.com.pk · theneutral.pk