The flour prices across the country went out of control as the government failed to implement flour fixed rate of Rs 850 per 20 kilogram bag on Tuesday.
According to details, shopkeepers are selling a 20kg flour bag at the price of Rs 1,100 day after the government fixed the price of 20-kilogram flour bag at Rs 860. The administration has failed to enforce the order of selling of wheat flour on the government set price after the Punjab government approved a two-month interim policy to provide wheat at Rs 1475 per maund to flour mills across the province.
On Monday, Prime Minister Imran Khan took notice of hike in flour prices in Punjab and directed to ensure provision of floor on cheap rates to poor people.
The prime minister while directing the Punjab government to take steps to reduce the prices of flour and said that the price of flour should be restored to its old level and strict action should be taken against the hoarders.
Punjab Food Department bowed down to the demands of the owners of flour mills and increased the price price of a 20-kilogram flour bag by Rs 55 and will now cost Rs 860.
After the implementation of the new prices, the price of flour will increase by Rs 2.75 per kg and in the open market, the flour will be available at Rs 43 per kg instead of Rs 40.25. Prices will apply temporarily for the next two months.
