Dharti News
No Result
View All Result
  • Login
  • Home
  • Pakistan
  • World
  • Opinion
  • Economy
  • Business
  • Culture
  • Politics
  • Lifestyle
    The first original Arabic series on Netflix hopes to be a surprise for horror lovers.

    The first original Arabic series on Netflix hopes to be a surprise for horror lovers.

    Jemima Goldsmith’s romantic comedy soon theatres

    Jemima Goldsmith’s romantic comedy soon theatres

    Saheefa Jabbar is launching her own fast fashion brand inspired by Zara

    Saheefa Jabbar is launching her own fast fashion brand inspired by Zara

    You have a chance to attend the virtual birthday bash of Shahrukh Khan now.

    You have a chance to attend the virtual birthday bash of Shahrukh Khan now.

    Usman Mukhtar tested positive for Covid-19

    Usman Mukhtar tested positive for Covid-19

    For a pared-back movie exhibition, Cannes rolls out a red carpet

    For a pared-back movie exhibition, Cannes rolls out a red carpet

    Trending Tags

    • COVID-19
    • Donald Trump
    • Pandemic
    • Bill Gates
    • Corona Virus
  • Tech
  • Videos
  • Home
  • Pakistan
  • World
  • Opinion
  • Economy
  • Business
  • Culture
  • Politics
  • Lifestyle
    The first original Arabic series on Netflix hopes to be a surprise for horror lovers.

    The first original Arabic series on Netflix hopes to be a surprise for horror lovers.

    Jemima Goldsmith’s romantic comedy soon theatres

    Jemima Goldsmith’s romantic comedy soon theatres

    Saheefa Jabbar is launching her own fast fashion brand inspired by Zara

    Saheefa Jabbar is launching her own fast fashion brand inspired by Zara

    You have a chance to attend the virtual birthday bash of Shahrukh Khan now.

    You have a chance to attend the virtual birthday bash of Shahrukh Khan now.

    Usman Mukhtar tested positive for Covid-19

    Usman Mukhtar tested positive for Covid-19

    For a pared-back movie exhibition, Cannes rolls out a red carpet

    For a pared-back movie exhibition, Cannes rolls out a red carpet

    Trending Tags

    • COVID-19
    • Donald Trump
    • Pandemic
    • Bill Gates
    • Corona Virus
  • Tech
  • Videos
No Result
View All Result
Dharti News
No Result
View All Result
Home Pakistan

Action plan ordered to check sugar, cooking oil prices

Asad Iqbal by Asad Iqbal
January 5, 2021
3 min read
0 0
0
Action plan ordered to check sugar, cooking oil prices

Finance Minister Dr Hafeez Shaikh on Monday constituted a committee to evolve a concerted course of action to bring down prices of sugar and edible oil. —Dharti News/Files

ISLAMABAD: On Monday, Finance Minister Dr Hafeez Shaikh formed a committee to establish a coordinated course of action to reduce sugar and edible oil prices.

RELATED POSTS

Explosive device found near railway station in Rawalpindi

ECP declares Daska by-poll null and void, orders re-election on March 18

Nepra cuts rate of return on three nuclear plants

The group, headed by Hammad Azhar, Federal Minister for Factories and Development, will have as members the Secretary of the Ministry of National Food Security and Research and interested stakeholders.

Read Also: Govt to raise Rs3.6tr through bonds

The decision was made at a meeting chaired by Dr Shaikh of the National Price Monitoring Committee (NPMC). The meeting discussed the prices of important food products, especially wheat, sugar and edible oil.

On that occasion, Hammad, in collaboration with stakeholders, informed the NPMC on the steps being taken to further reduce sugar and edible oil prices. On the price of edible oil, he said the Federal Board of Revenue is being consulted on the subject.

We are evaluating the stocks, production and supply of sugar to the provinces,” he added.”

Dr Shaikh emphasised the need to track demand and supply positions throughout the country for the efficient functioning of both federal and provincial authorities.

In the provinces of Sindh and Balochistan, the NPMC observed price fluctuations in wheat flour that were expressed in data from the Pakistan Bureau of Statistics.

Dr. Shaikh instructed the Chief Secretaries to control the smooth supply of wheat across the provinces by increasing the regular release, if necessary, and to send a detailed report accordingly at the next NPMC conference.

He urged the provincial secretaries to check the possibilities of hoarding and black marketing, particularly wheat and sugar, and to ensure that these commodities are given uninterruptedly at fair prices.

As a hopeful outcome of vigilant surveillance under the NPMC on a regular basis, the finance ministry briefed on the decline in the consumer price index reported at eight percent in December 2020 compared to 12.6pc in December 2019.

As urban food inflation decreased by 2.1pc and rural inflation fell by 3.4pc on a month-on-month basis, the NPMC observed a substantial decrease in food inflation. It was also announced at the meeting that the weekly Responsive Price Index decreased by 0.7pc. The prices of 10 important food items, including tomatoes, peppers, potatoes and chicken, have been drastically reduced.

Read Also: Free Wi-Fi facility is being provided in hospitals and educational institutions of Punjab, Firdous Ashiq Awan

Dr Shaikh noted that the prices of basic commodities have begun to display a decreasing pattern, a promising product of weekly diligent tracking under the NPMC. He emphasised improved cooperation among federal and regional authorities to recognise demand supply gaps and take immediate remedial steps to ensure uninterrupted supply of goods of daily use at affordable rates.

Tags: Oilsugar
ShareTweetShare
Asad Iqbal

Asad Iqbal

Related Posts

Explosive device found near railway station in Rawalpindi
Pakistan

Explosive device found near railway station in Rawalpindi

February 25, 2021
ECP declares Daska by-poll null and void, orders re-election on March 18
Pakistan

ECP declares Daska by-poll null and void, orders re-election on March 18

February 25, 2021
Nepra cuts rate of return on three nuclear plants
Pakistan

Nepra cuts rate of return on three nuclear plants

February 25, 2021
Steel bar prices fall
Pakistan

Steel bar prices fall

February 25, 2021
Pakistan unexpected dilemma: too much electricity
Pakistan

Pakistan unexpected dilemma: too much electricity

February 25, 2021
Pakistan gets $1.1bn financing to import oil, LNG
Pakistan

Pakistan gets $1.1bn financing to import oil, LNG

February 25, 2021
Next Post
Gas diversions pose risk to food security, warn fertiliser makers

Gas diversions pose risk to food security, warn fertiliser makers

Fuel sales rise 11pc in first half

Fuel sales rise 11pc in first half

Discussion about this post

Recommended Stories

India approves AstraZeneca Covid vaccine

India approves AstraZeneca Covid vaccine

January 2, 2021
3 starlets who rocked puffy sleeves

3 starlets who rocked puffy sleeves

December 5, 2020
Yasra Rizvi and Yumna Zaidi’s next serial is about human trafficking

Yasra Rizvi and Yumna Zaidi’s next serial is about human trafficking

January 8, 2021

Popular Stories

  • Army to use infrared cameras in search mission for Ali Sadpara, two others

    Army to use infrared cameras in search mission for Ali Sadpara, two others

    0 shares
    Share 0 Tweet 0
  • Digital Banking Facility to be Given to Overseas Pakistanis

    0 shares
    Share 0 Tweet 0
  • Meet The Girl Behind The Viral ‘Pawry Horahi Hai” Video

    0 shares
    Share 0 Tweet 0
  • Ali Sadpara, two other mountaineers missing on K2 declared dead

    0 shares
    Share 0 Tweet 0
  • Unique record before the third season of ‘Ertugrul Ghazi’ aired

    0 shares
    Share 0 Tweet 0
Facebook Twitter Youtube
Dharti News

Dharti News is a one stop solution to bring you the real breaking news, in-depth stories, current affairs, biographies, viral content on internet, sports, showbiz and entertainment along with everything happening around you right on your screens both in written and video formats.

Explosive device found near railway station in Rawalpindi

Explosive device found near railway station in Rawalpindi

February 25, 2021
ECP declares Daska by-poll null and void, orders re-election on March 18

ECP declares Daska by-poll null and void, orders re-election on March 18

February 25, 2021
China denies using Covid-19 anal swabs on US diplomats

China denies using Covid-19 anal swabs on US diplomats

February 25, 2021

Quick Links

  • Contact
  • Disclaimer
  • Home
  • Privacy Policy
  • Terms and Conditions
  • Videos

© 2020 Dharti News - All Copyrights Reserved.

No Result
View All Result
  • Home
  • Category
    • Business
    • Culture
    • Economy
    • Lifestyle
    • Health
    • Travel
    • Opinion
    • Politics
    • Tech
    • World
  • Videos

© 2020 Dharti News - All Copyrights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

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

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.