The Federal Minister for National Food Security and Research Rana Tanveer Hussain chaired the 3rd meeting of the National Wheat Oversight Committee to review progress on the establishment of Provincial Implementation Units in Provinces/Regions for the Interim National Wheat Policy Implementation.
The disposal plan of existing wheat stocks and progress on the procurement model for wheat strategic reserves through Private Sector.
The Committee was informed that all provinces and regions have successfully established their Provincial Implementation Units to implement the Interim National Wheat Policy, ensuring coordinated and effective execution across the country.
On the agenda of the disposal plan, all provinces shared details of their available wheat stocks along with their respective disposal strategies.
Regarding the procurement model for wheat strategic reserves, it was shared that Punjab, Khyber Pakhtunkhwa, and Balochistan will engage private sector companies for procurement.
The Federal Minister stated that the fundamental objective of the National Wheat Policy is to stabilize wheat prices for farmers and protect them from market uncertainty. He emphasized that the policy has been carefully designed to ensure food security while maintaining price stability, adding that there would be no undue pressure on consumers when the policy is fully implemented.
The Minister further remarked that the policy promotes transparency, encourages private sector participation, and improves coordination between the federation and provinces. He expressed confidence that effective implementation of the National Wheat Policy would lead to a sustainable and balanced wheat market, benefiting farmers, consumers, and the national economy.
