PFMA urges government to ensure rebate refunds


Pakistan Flour Mills Association (PFMA-Punjab) leadership has claimed that non-payment of refunds of Rs 12-15 billion under the head of rebate on wheat export to Afghanistan is creating severe hardships for the flour milling industry to take part in the current wheat procurement drive.

PFMA Punjab Chairman Riaz Ullah Khan, Asim Raza, Mian Riaz and others in a joint statement issued here Saturday that the flour mills were still awaiting payment of rebate on wheat they exported, which might make a negative impact on the current procurement drive as the mills awaiting payment of rebate money would be unable to participate in it.

Flour millers claimed that every year they stand by the government to buy wheat from the growers which help stabilizing the wheat prices and growers could earn a handsome compensation of their labour. Nevertheless, this year a huge sum of rebate money was due against the government which would stop the industry to buy wheat and the government alone had to bear the brunt. In other case, growers would sell their produce to middle men and arhtis leading to their exploitation, they added. PFMA leaders urged the government to ensure immediate payment of the rebate on wheat export so as flour millers could play their role in wheat procurement drive.