Flour price Surges over Rs.1,100/20 kg


Bureau Report

LAHORE: The flour prices across the country went out of control as the government failed to implement wheat flour on fixed rate of Rs850 per 20 kilogram bag on Tuesday.
According to the details garnered, shopkeepers are selling a 20-kilogram flour bag at the price of Rs1,100 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 four on the set government price after the Punjab government approved a two-month interim policy to provide wheat at Rs1475 per maund to flour mills across the province.
The prime minister while directing the Punjab govt 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 four 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 Rs2.75 per kg and in the open market, the flour will be available at Rs 43 per kg instead of Rs40.25. Prices will apply temporarily for the next two months.