Business

Punjab brings down flour price by Rs500 per 20kg

Published by
News Desk

Punjab’s flour costs have plummeted, with flour mills cutting the price of a 20 kilogram bag by Rs. 200.

This reduction comes after another Rs. 80 from last week, making a total of Rs. 280 in less than 8 days.

In Punjab supermarkets, 20 kilogram flour sacks from various brands are currently priced between Rs. 2400 and Rs. 2565.

The price of private flour has significantly dropped in comparison to that of government flour, which is fixed at Rs. 2790 for a 20 kg bag and Rs. 1399 for a 10 kilogram bag.

The drop in open market wheat prices is the reason for the decline in private flour prices. A new batch of indigenous wheat from Karachi arrived in Lahore at a reduced price of Rs. 4025, despite the food department setting the selling price of wheat for flour mills at Rs. 4700 per maund.

Punjab’s new wheat is likely to hit the market shortly, with a price tag of about Rs. 3500. Punjab has stopped buying imported wheat which costs Rs. 4,000from Karachi to Lahore.

Following the instructions of Punjab’s Chief Minister Maryam Nawaz Sharif, the Punjab Food Authority has made sure that the screening process is impenetrable.

Items in care packages during Ramadan are inspected for quality in order to keep citizens from receiving bad products.

With the use of contemporary technology, every bag is traced, reducing the possibility that bad goods would reach consumers.

Read more: Punjab govt announces Public Holiday in Next Week for ‘Easter’

The Ministry of Industries spokesperson condemned baseless propaganda regarding the Ramadan Care package, emphasizing the rigorous screening process and its commitment to delivering quality items to citizens.

News Desk

Recent Posts

Kaspersky Flags Hundreds of Fake Websites Targeting Football World Cup Fans

ISLAMABAD: Kaspersky warns users to be careful with unofficial streaming and betting platforms to avoid…

5 minutes ago

ICC releases latest player rankings as Joe Root regains top Test batting spot

DUBAI: The ICC has issued the new players' rankings, with England's Joe Root getting back…

16 minutes ago

Religious scholars join IPP in Gilgit-Baltistan amid political developments

GILGIT: In a significant political development in Gilgit-Baltistan, several prominent religious scholars and community leaders…

1 hour ago

Interesting conversation between Prime Minister and Fazlur Rehman in the National Assembly

ISLAMABAD: An interesting conversation took place between Prime Minister Shehbaz Sharif and Maulana Fazlur Rehman…

2 hours ago

Decision to pay salaries and pensions to government employees ahead of time

KARACHI: A big good news has come out for government employees of Sindh. It has…

3 hours ago

Big increase in prices of chicken and eggs, government price list ignored

ISLAMABAD: The prices of chicken and eggs have skyrocketed. The government price of chicken meat…

3 hours ago