• Download the Constitution of Pakistan
  • Advertise
Monday, May 12, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Economy

Wheat Procurement regulation directed by PM Shehbaz Sharif

by Onesa
May 13, 2024
in Economy, Politics
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterLinkedinWhatsapp

As a primarily agriculture-based country, it is crucial for Pakistan to devise innovative approaches for maintaining optimal agricultural management. A meeting was held to discuss the demand, supply and procurement of wheat by federal government.

PM Shehbaz sharif instructed those in charge to use technology to improve the transparency in wheat procurement. He directed that a mobile phone application for record keeping, and related use be developed. Reflecting on the seriousness of this issue, the PM suspended two officials, Managing director and General Manager Procurement for PASSCO. They were suspended because of “negligence” in not incorporating use of technology in this process earlier. Other this suspension, The Prime Minister stressed the importance of implementing crop insurance and conducting a third-party audit of PASSCO’s stock. The premier directed PASSCO to acquire an extra 400,000 metric tonnes of wheat using a transparent procurement process.

Wheat Procurement

The PM expressed his commitment to preventing economic losses, particularly with relation to farming. This approach is likely to impact food security in a positive way. In the same pursuit to augment farmers’ well-being, the premier established that the exceptional PASSCO centres and officers would be duly recognized.

Several members of the federal cabinet attended the meeting: Finance Minister Muhammad Aurangzeb, Federal Minister for Industries and Production Rana Tanveer Hussain, Federal Minister of Economic Affairs Ahad Khan Cheema, Federal Minister of Commerce Jam Kamal Khan, Minister of State for Information Technology and Telecommunication Shaza Fatima Khawaja, Coordinator to PM, Rana Ehsan Afzal and few others.

Tags: Shehbaz SharifTechnologywheat
Onesa

Onesa

Related Posts

PSX skyrockets nearly 10,000 points as ceasefire lifts investor confidence

PSX skyrockets nearly 10,000 points as ceasefire lifts investor confidence

by News Publishing
May 12, 2025
0

The Pakistan Stock Exchange (PSX) witnessed a historic rally on Monday, with the benchmark KSE-100 index surging over 9% following...

Ishaq Dar

Pakistan Vows Measured Response, Open to De-escalation

by Anum Arif
May 10, 2025
0

Islamabad, May 10, 2025 — In a significant development amid rising tensions between Pakistan and India, Deputy Prime Minister and...

Pakistan launches "Operation Bunyan-un-Marsoos" in response to Indian aggression

Pakistan launches “Operation Bunyan-un-Marsoos” in response to Indian aggression

by News Publishing
May 10, 2025
0

Pakistan has launched a decisive and large-scale military response to blatant Indian aggression under Operation Bunyan un Marsoos ("Iron Wall"),...

Export of services rises to $6.2bn in July-March

Export of services rises to $6.2bn in July-March

by News Publishing
May 9, 2025
0

Pakistan’s exports of services rose by 9.85% to $6.24 billion during the first nine months (July–March) of fiscal year 2024-25,...

IMF and PAK

IMF to Approve $2.3B for Pakistan Amid Mixed Fiscal Outlook

by Anum Arif
May 8, 2025
0

Washington, 08 May 2025 — The International Monetary Fund (IMF) Executive Board is set to convene tomorrow in Washington, where...

PSX crash

PSX Crashes Over 6,500 Points Amid India-Pakistan Tensions

by Anum Arif
May 8, 2025
0

Karachi, 08 May 2025 — The Pakistan Stock Exchange (PSX) experienced one of its darkest days on Wednesday, suffering the...

Next Post
Kuwait Conference

Donors pledge over 2 billion USD for Gaza at a conference in Kuwait

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters