Decision taken for ending subsidy on official stock of wheat and flour in Punjab
Lahore: (Staff Reporter) The decision for ending the subsidy on official stock of wheat and flour in Punjab has been taken on Tuesday. The targeted subsidy will be given instead of general subsidy in Punjab.
According to the source, 11 thousand shops licensed by the Food Department will also be included in distribution of free flour in Ramadan. The price of a 10 kg official flour bag has been decided to be increased by Rs.510 which makes it of Rs.1158 from Rs.648.
As per details after the increase in the price of official wheat and flour, the price of private flour will also be increased. A 20 kg bag of private flour will be sold at Rs2400. On the other hand, the selling price of government wheat has been increased from Rs.2,300 to Rs.3,900 per mound.
Meanwhile the caretaker cabinet has also approved an increase of Rs.1,600 per mound in the price of official stock of wheat being sold to flour mills.