ECC raises wheat support price by Rs50 per 40kg

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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday increased the minimum support price of wheat from the current Rs 1300 per 40 kg to Rs 1350 per 40 kg to safeguard the interests of the growers and ensure food security for the masses,

According to a statement issued by the ministry, the decision to raise the wheat price by Rs 50 per 40 kg was taken at a meeting of the ECC of the cabinet held at the cabinet bock with Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh in the chair

The ECC was told that the minimum support price of Rs 1300 per 40 kg for wheat had not been enhanced for the last five years.

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