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90 flour mills call off strike
By Our Staff Reporter
LAHORE, March 10: The
90 flour mills in interior Sindh, which went on
strike on Sunday last, have decided to call off
their strike by Wednesday after receiving
permission from the provincial government to
procure wheat.
According to Bilal Sufi of the Pakistan Flour
Mills Association, the Sindh Chief Secretary on
Tuesday permitted the millers to procure wheat
from fresh arrivals. The decision to call off
their strike has been taken, but would take effect
on Wednesday.
He also hoped that the arrival of the new wheat
crop would also started easing the pressure on
Punjab's wheat. Though the pace of arrival of the
wheat is slow at present, but it would soon gather
momentum and bring some sanity in the flour
market, he said.
It should also have a salutary effect on the flour
price in the Punjab and Karachi markets, he said.
Karachi has suffered during the last few months
with high flour prices, and the price is not
expected to come down drastically unless wheat
from the Punjab starts arriving by mid-April. But
the Sindh crop can certainly help ease the
pressure.
The 90 flour mills in interior Sindh went on
strike last Sunday in protest over the
government's decision to eject them from the
procurement process at the early stage.
The Sindh government wanted to meet its
procurement targets before letting the flour
millers purchase their wheat. The millers went on
strike saying that if they were unable to purchase
wheat now, there was hardly any sense to be in
business and wait for their turn at the cost of
their profits.
The DAWN |