INVITATION OF OFFERS FOR OBTAINING COMMODITY OPERATION FINANCING FOR WHEAT (OUTSTANDING / FRESH) ALONGWITH MARKUP RATES FOR THE QUARTER APRIL-JUNE, 2023 FOR PASSCO.
Submitted on 31 March, 2023
As a public Limited Company, within the ambit / parameters of its mission, the corporation has been assigned following major functions:-
Provision of food security at national level, by maintaining strategic reserves of wheat and other specified commodities.
Maintain SAARC Food Bank Reserve Stock.
Extend state welfare to farmers by providing support to farmers; stabilize prices by intervening in domestic market. Release wheat to deficit province as well as Armed Forces.
Undertake import / export of different food grains when called upon.
Construct modern storage facilities for good grains.
Assist farmers in cultivation by supplying seeds, fertilizers and other released supplements when called upon.
Carrying out agro business / trade activities to achieve sustainability.
Other functions as detailed in the “Memorandum & Articles of Association” published under the Companies Ordinance 1984.
