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Punjab will purchase one million metric tonnes of wheat from PASSCO

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The Punjab government has decided to buy one million metric tonnes of wheat from Pakistan Agricultural Storage and Services Corporation (PASSCO) to keep the prices of wheat and flour stable in the province.

The decision has been accepted by the Chief Minister Maryam Nawaz Sharif to maintain the stability of prices in the wheat and flour market and to provide the public with inexpensive flour and bread. Under the scheme, flour mills will be supplied wheat for Rs 3,300 per maund.

The provincial government said that the assertions of limitation on wheat supply from Sindh to other provinces through Punjab were not founded on confirmed facts and no formal complaints had been recorded so far about stopping of wheat supply from Sindh to Khyber Pakhtunkhwa.

Officials said the procedure of declaration of wheat stocks is in progress and compilation of the whole data is underway. They also said that the present wheat crop has relatively lower grain size. They said stock assessment is important for planning food security.

The government said it will also assure supply of wheat to Khyber Pakhtunkhwa under its obligation of inter-provincial after addressing the food requirements of Punjab itself.

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PSX climbs back to 170,000-point mark on solid rally

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The benchmark index of the Pakistan Stock Exchange (PSX) once again surpassed the 170,000-point mark, indicating that the PSX saw a robust recovery on the second trading day of the week.

A dramatic bullish trend was noticed in the stock market at the beginning of trade, with the index gaining more than 2,000 points and reaching the level of 171,006 at the same time.

It is important to recognise that the benchmark index had finished the previous trading session at 168,953 points, following a decrease of 1,525 points. This is something that should be mentioned.

The recovery is attributed by market observers to the resurgence of investor confidence as well as the optimistic trading sentiment that prevailed at the beginning of the new session.

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SMEDA speeds up efforts for SMEs global accreditation

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The Small and Medium Enterprises Development Authority (SMEDA) has stepped up its efforts to encourage small and medium enterprises to get internationally recognised certifications through its historic ‘SME Certification & International Accreditation Grant Programme’.

Today (June 9) is World Accreditation Day 2026, commemorated with the theme “Innovation, Trust and Sustainability: The Power of Accreditation”. SMEDA’s efforts to reach out a maximum number of entrepreneurs receive resonance.

The day signifies the importance of accreditation in establishing confidence in products, services and systems, a SMEDA official told reporters here Monday. The global observance (under Global ACI) was jointly established by the International certification Forum and the International Laboratory Accreditation Cooperation and recognises how certification promotes confidence, facilitates trade and supports sustainable economic growth.

SMEDA is assisting the SME sector to get worldwide certification to access the export markets in accordance with the vision of Prime Minister for development of SMEs which will be implemented under the supervision of Haroon Akhtar Khan, Special Assistant of PM on Industries and Production.

Under the scheme, SMEDA is granting 70 percent matching grant to meet the certification cost up to Rs 800,000 and related consultation cost up to Rs 200,000. The reaction from entrepreneurs has been particularly promising as enterprises from all sectors and locations of the country have applied for certification support, demonstrating rising awareness of the necessity of compliance, officials coordinating the project said.

The effort, officials said, is meant to encourage SMEs, particularly women and startups, to get certifications such as ISO standards, HACCP, Halal Certification and CE Marking. They stress that the project is being implemented through a transparent method, with applications handled on a first-come, first-served basis, subject to compliance with eligibility standards.

The team has received over 125 applications from small and medium enterprises (SMEs) from different regions of the country and 36 of these have been approved by a committee following screening, officials said. They say most beneficiaries anticipate to receive the promised grant soon.

Officials say a crucial part of the project is special focus on women-led firms, start-ups and businesses operating in neglected locations.

They note that SMEDA has also done massive awareness and outreach initiatives including training, media engagement and digital advertising to educate entrepreneurs on the value of certification and compliance. They note that awareness and capacity building initiatives related to the project have already benefited over 1,100 entrepreneurs with the cooperation of the National Compliance Centre.

They believe SMEDA and NCC are shortly going to start fresh training sessions of 3 to 5 days with renewed focus.

The industry experts feel that the increased adoption of international standards can go a long way in strengthening Pakistan’s export environment as it will help SMEs to integrate into global value chains and access new markets.

SMEDA has provided straightforward process through SME Registration Portal for the purpose of encouragement and facilitation of the entrepreneurs.

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Sarah Khan supports her spouse Falak Shabir’s dress code opinion

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Singer Falak Shabir’s wife and actor Sarah Khan shared her views on what feminism meant to her and also backed her husband’s comments on the dressing of women on social media.

Khan’s comments, however, elicited a mixed response online. “Make a law against those who wear short dresses in public places, bazaars and streets.” This statement put TikTokker Shabir in an internet controversy after he asked Punjab Chief Minister Maryam Nawaz to do so.

In reaction to the backlash, Khan defended her husband with a number of Instagram stories, saying his words were not just aimed at women, but both genders.

She also accused some women in Pakistan of propagating a twisted form of feminism.

“Values, dignity, respect and responsibility are the pillars of a healthy society. Khan wrote: “Behaviour that undermines these principles is affecting not just one group but everyone – and it has been normalised and celebrated.

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