Observer Report Lahore
The price of 20kg wheat flour bag in Punjab has reached to Rs 1,260 with 30 rupees hike to the rate in the province on Saturday.
Recent hike in flour price is said to be result of differences between the government and flour mills. The wheat flour of 20kg bag is presently being sold in Lahore for Rs 1,260, while in other areas even above to it.
According to sources, Punjab government has devised a policy of issuing government wheat to flour mills in proportion to the population of a district.
The flour mills owners have rejected the government’s this policy and warned to observe strike against the new policy.
Punjab Flour Mills Association has summoned an emergency meeting on September 20 to decide its future line of action over the matter.
“The wheat price has soared more than Rs 2,300 per maund in the open market, which will result in further hike in the wheat flour price,” chairman Flour Mills Association Asim Raza said.
In April this year the flour mills had enhanced the price of 20kg wheat flour bag in Punjab to Rs 1,020 and said that the government has seized flour mills’ wheat quota.
“We are purchasing 40kg wheat bag from open market at Rs1,900 and were compelled to jack up the flour prices,” said chairman Flour Mills Association.
