GLOBAL RESEARCH SYNDICATE
No Result
View All Result
  • Login
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights
No Result
View All Result
globalresearchsyndicate
No Result
View All Result
Home Data Collection

Demand to raise wheat support price to Rs1,800 – Newspaper

globalresearchsyndicate by globalresearchsyndicate
December 29, 2020
in Data Collection
0
Demand to raise wheat support price to Rs1,800 – Newspaper
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: The Natio­­nal Assembly Standing Committee on National Food Security and Research on Monday asked the food ministry to increase wheat support price to Rs1,800 per 40kg, citing the example of wheat producing countries in the region which have substantially enhanced the support price.

Secretary National Food Security Ghufran Memon informed the NA committee that the production cost of wheat for 2020-21 crops has been estimated at Rs1,586.88 per 40kgs at market level in Punjab, based on the field survey carried out by Agriculture Price Institute.

Based on the figures revealed by the secretary, the standing committee meeting — chaired by MNA Rao Muhammad Ajmal Khan — asked the Ministry of National Food Security and Research (MNFSR) to increase the wheat support price to Rs1,800 per 40kgs.

The federal cabinet at its meeting last month had fixed Rs1,650 as the minimum support price for 40kg wheat, with Minister for Information Shibli Faraz stating that the enhanced increased rate would be beneficial to both masses as well as farmers.

The MNFSR was in favour of enhancing the support price to Rs1,800 per 40kg. The Economic Coordination Committee of the Cabinet had also fixed the minimum support price of upcoming wheat crop at Rs1,650 per 40kg.

Memon informed the NA committee that the minimum support price of wheat in India was reported at Rs1,925 in Oct 2019. This price has been increased by 4.6 per cent from the previous year.

In terms of Pak rupee equivalent, the minimum support price works out at Rs1,725 per 40kg. In China, the government has increased minimum support price of wheat for 2020-21 season at Pak Rs2,001 per 40kg, the committee was informed.

The NA body also directed that the rate of electricity should be reduced from Rs9.35 to Rs5.35 per unit.

On the occasion, the Citrus Exporters Associa­tion raised the issue of Rs250 per maund reduction in fruit price to Rs600 per maund from Rs850.

The MNFSR informed the committee that the prices of any fruit or vegetable do not come under the domain of the federal government.

However, the committee directed Deputy Commis­sioner Sargodha to hold a meeting with growers and exporters to resolve the issue at the earliest.

Published in Dawn, December 29th, 2020

Related Posts

How Machine Learning has impacted Consumer Behaviour and Analysis
Consumer Research

How Machine Learning has impacted Consumer Behaviour and Analysis

January 4, 2024
Market Research The Ultimate Weapon for Business Success
Consumer Research

Market Research: The Ultimate Weapon for Business Success

June 22, 2023
Unveiling the Hidden Power of Market Research A Game Changer
Consumer Research

Unveiling the Hidden Power of Market Research: A Game Changer

June 2, 2023
7 Secrets of Market Research Gurus That Will Blow Your Mind
Consumer Research

7 Secrets of Market Research Gurus That Will Blow Your Mind

May 8, 2023
The Shocking Truth About Market Research Revealed!
Consumer Research

The Shocking Truth About Market Research: Revealed!

April 25, 2023
market research, primary research, secondary research, market research trends, market research news,
Consumer Research

Quantitative vs. Qualitative Research. How to choose the Right Research Method for Your Business Needs

March 14, 2023
Next Post
Global Binaural Cochlear Implant Market 2019: SWOT Analysis and Forecasting to 2025

Gynaecological Devices Market Size 2020: Growing Demand for Gynaecological Devices, Industry Analysis, Growth, Regional Revenue, Top Company Profiles, CAGR Values

Categories

  • Consumer Research
  • Data Analysis
  • Data Collection
  • Industry Research
  • Latest News
  • Market Insights
  • Marketing Research
  • Survey Research
  • Uncategorized

Recent Posts

  • Ipsos Revolutionizes the Global Market Research Landscape
  • How Machine Learning has impacted Consumer Behaviour and Analysis
  • Market Research: The Ultimate Weapon for Business Success
  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA

Copyright © 2024 Globalresearchsyndicate.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Latest News
  • Consumer Research
  • Survey Research
  • Marketing Research
  • Industry Research
  • Data Collection
  • More
    • Data Analysis
    • Market Insights

Copyright © 2024 Globalresearchsyndicate.com