Karachi flour prices reduced by Rs8 Per Kg

Seerat Fatima
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Seerat Fatima
She is an author at minute mirror who shows keen interest in national breaking news and social politics.
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Summary

  • In a major relief for consumers struggling with rising food costs, flour mill owners have agreed to reduce the ex-mill price of wheat flour by Rs8 per kilogram after successful negotiations with Karachi Commissioner Syed Hassan Naqvi.
  • Under the agreement, the ex-mill price of wheat flour has been reduced from Rs133 per kilogram to Rs125 per kilogram.
  • As part of the agreement, flour mill owners pledged to establish fair price stalls across Karachi to sell wheat flour at subsidized rates.
AI Generated Summary

In a major relief for consumers struggling with rising food costs, flour mill owners have agreed to reduce the ex-mill price of wheat flour by Rs8 per kilogram after successful negotiations with Karachi Commissioner Syed Hassan Naqvi.

The revised price came into effect immediately following a meeting held at the Commissioner’s Office on Sunday. The negotiations were conducted on the directives of Sindh Chief Secretary Syed Asif Hyder Shah as part of the provincial government’s efforts to bring down the prices of essential food items.

Under the agreement, the ex-mill price of wheat flour has been reduced from Rs133 per kilogram to Rs125 per kilogram. Officials expressed confidence that the reduction at the mill level will also lead to lower wholesale and retail prices across Karachi, providing much-needed financial relief to consumers.

Speaking after the meeting, Commissioner Karachi Syed Hassan Naqvi said the administration was committed to ensuring that the benefits of the price cut are passed on to the public. He added that district authorities would closely monitor market prices to ensure traders and retailers comply with the revised rates.

The meeting was attended by representatives of the Pakistan Flour Mills Association (PFMA), including Chairman Abdul Junaid, the association’s vice chairman, former PFMA chairman, other office-bearers, and flour mill owners. Senior government officials, including Sindh Food Secretary Ghulam Abbas, the Chairman of the Chief Minister’s Inspection, Enquiries and Implementation Team, and other relevant authorities, also participated in the discussions.

As part of the agreement, flour mill owners pledged to establish fair price stalls across Karachi to sell wheat flour at subsidized rates. The initiative aims to ensure that consumers directly benefit from the reduction and have easier access to affordable flour.

The Sindh government has been intensifying efforts to stabilize the prices of essential commodities amid persistent inflation. Officials believe that cooperation between the administration and the flour industry will help improve market stability and reduce the financial burden on households.

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She is an author at minute mirror who shows keen interest in national breaking news and social politics.
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