The meeting decided to constitute a cabinet committee to fix wheat support price.
wheat support price
The cabinet reviewed the 7-point agenda.
Provincial agriculture minister said that the federal government's decision to fix the wheat support price at 1,650 per 40 KG is mind boggling
The board's president demanded the government to fix support prices of wheat and sugarcane at 2000 rupees and 300 rupees per 40 kilograms respectively.
Secretary Agriculture in a briefing in the cabinet session said that Punjab and Balochistan provinces have recommended support price for wheat at 1700 per 40 kilograms.
The ECC has constituted a committee to thoroughly evaluate the proposal for the increase in the Minimum Support Price (MSP) of wheat for the 2020-21 crops.
The committee approved summary of the Ministry of Energy for ease of doing business in the petroleum sector.
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.