Millers increase wheat flour price by Rs40/20kg bag

The Flour Mills Association Punjab on Thursday announced that mills association has decided to increase the wheat flour price by Rs 40 per 20kg bag.

While making the announcement, Flour Mills Association Chairman Abdul Rauf Mukhtar said that after the increase the new price of the 20 kg flour bag would be Rs840 instead of Rs 805, 24NewsHD TV channel reported.

The association gave the argument that the decision was taken because the millers were not allowed to buy the wheat.

The news of surge in per 20 kg flour bag sent will certainly send shock waves among the people who had already been going through some of the toughest days because of the lockdown restrictions, lay-offs wave in industry and limited economic opportunities amid the COVID-19 scam.

Wheat Scam

The federal cabinet has given additional three weeks to FIA for a forensic report of sugar and wheat crisis inquiry commission. In early April, Federal Investigation Bureau reported involvement of bigwigs of government and its allies including Jehangir Tareen and Khusro Bakhtiyar in profiteering that led to cabinet reshuffle.

It is pertinent to note that the National Accountability Bureau (NAB) on April 22 decided to launch an investigation against the sugar and flour mafia.

NAB said country’s major anti-corruption watchdog would not act as a silent spectator when all state organs are busy with battling a deadly bug while the flour and sugar racketeers go on the rampage.