Punjab Launches Wheat Procurement Drive with 72-Hour Payment Rule
2 mins read

Punjab Launches Wheat Procurement Drive with 72-Hour Payment Rule

The Punjab government has initiated a major wheat procurement drive aimed at supporting farmers and stabilizing the agricultural economy. Under the new directive, authorities have been instructed to begin purchasing wheat at a fixed rate of Rs3,500 per 40 kilograms across the province, signaling a proactive approach toward ensuring fair compensation.

The decision was finalized during a high-level meeting held in Lahore, where Chief Minister Maryam Nawaz Sharif emphasized the urgency of the procurement process. The initiative prioritizes farmers registered under the Kisan Card scheme, ensuring that verified growers benefit directly from the government’s support system.

A key highlight of this policy is the strict enforcement of a 72-hour payment rule. Authorities have been directed to ensure that farmers receive their payments within three days of selling their wheat. This measure is expected to provide immediate financial relief, reduce delays, and build trust between farmers and the government.

The move also aims to enhance transparency in the procurement process. By streamlining payments and leveraging digital registration through the Kisan Card, the government seeks to minimize middlemen involvement and ensure that funds are transferred directly to farmers.

Agriculture remains a cornerstone of Punjab’s economy, and timely wheat procurement is crucial for maintaining food security and market stability. Delayed payments in the past have often caused financial strain for farmers, impacting their ability to prepare for the next crop cycle. This new policy attempts to address those long-standing concerns.

Experts believe that setting a clear procurement price alongside a strict payment timeline could encourage higher participation from farmers. It may also lead to better yield reporting and improved data collection, which can help in future agricultural planning.

The initiative reflects a broader commitment by the provincial government to modernize agricultural practices and provide tangible support to farmers. By ensuring quick payments and prioritizing registered growers, the policy is expected to strengthen the rural economy and promote sustainable farming.

If implemented effectively, this wheat procurement drive could set a precedent for other provinces, demonstrating how timely payments and transparent systems can transform agricultural markets and improve farmer livelihoods.