LAHORE - The flour price in the open market will surge to Rs 100 per 20-kg bag during the next couple of days as the Punjab government has decided to increase the wheat issue price for the flourmills from Rs 545 to Rs 715 per 40-kg bag, sources revealed here on Sunday. The sources further disclosed that the government is all set to abolish the subsidy on wheat and has decided to give the subsidy on flour to ensure the availability of Roti at Rs 2 for the poor across the province. During Ramazan, the government is issuing wheat to the flourmills at Rs 545 per-40 kg and fixed the price of 20-kg flour bag at Rs 300. The government will issue wheat quota to the flourmills at Rs 715 to Rs 725 from Monday (today) against the existing price of Rs 545, as a result, the price of 20-kg flour bag will shoot up by Rs 110 to Rs 115 in the open market, a flour miller said, requesting his name not be mentioned. He further said that the flourmills supplied 20-kg flour bags to the Sunday Bazaars at Rs 290 as ex-mill price and Rs 300 as retail price on Sunday. He said that in case the wheat issue price to the flourmills is fixed at Rs 710 per 40-kg, ex-mill price of 20-kg after adding grinding charges would be fixed at Rs 403 and Rs 413 as retails retail price. If the government fixed the wheat issue price at Rs 725 per 40-kg, then the ex-mill price of 20-kg flour bag would be fixed at Rs 410 and Rs 420 as retail price, he claimed. Sources in the food department believed that the government has decided to fix the wheat issue price at Rs 690 per 40-kg bag from Monday (today). After the new wheat issue price at Rs 690 per 40-kg, the ex-mill price of 20-kg flour bag would be fixed at Rs 390 and Rs 400 as retail price. They further said that the Punjab government has decided to focus on the availability of cheap Roti at Rs two all over the Punjab and the subsidy would be given to the Nan Baies on flour to provide Roti to the poor at Rs two. When contacted, Dr Bilal Aslam Sufi Honorary Advisor to the Pakistan Flour Mills Association said that the flour millers have welcomed the abolition of subsidy on wheat due to its bad affects on the supply and demand of flour in the country as it leads to hoardings and smuggling of wheat and flour. He said that the government should divert this subsidy to the farmers to cut down the agricultural inputs and to enhance production. He further informed that the wheat would be issued to the flourmills on the new rates from Monday (today) as the government has decided to abolish the subsidy on wheat. It is worth mentioning here that the Punjab government purchased wheat from the growers at Rs 625 per 40-kg during this procurement season. The govt has been issuing wheat to the millers at the same price to ensure cheap flour in the market. Meanwhile, with the start of the holy month, the government increased the subsidy on wheat and fixed the wheat issue price at Rs 545 against Rs 625 and fixed the retail price of 20-kg flour bag at Rs 300.