Flour millers demand wheat policy should follow ma...

Summary

• LAHORE:   Flour millers have urged the government to adopt a market-oriented wheat policy, promote healthy competition among flour mills and replace blanket flour subsidies with targeted financial assistance for low-income households.
• Leader of the Progressive Group of the Pakistan Flour Mills Association (PFMA), Khaleeq Arshad said that frequent changes in government policies, ranging from the rationing system to the quota system and different wheat procurement and release arrangements, had created uncertainty in the market and adversely affected both farmers and flour millers.
• He maintained that when wheat prices began rising, the government imposed a cap and initiated speculation-related proceedings against flour mills and traders, accusing them of manipulating market prices.

AI Generated Summary

LAHORE:   Flour millers have urged the government to adopt a market-oriented wheat policy, promote healthy competition among flour mills and replace blanket flour subsidies with targeted financial assistance for low-income households.

They expressed these views Tuesday, in a meeting with delegation of Agriculture Journalists Association (AJA).
Leader of the Progressive Group of the Pakistan Flour Mills Association (PFMA), Khaleeq Arshad said that frequent changes in government policies, ranging from the rationing system to the quota system and different wheat procurement and release arrangements, had created uncertainty in the market and adversely affected both farmers and flour millers.