Advisor to Prime Minister on Finance and Revenue, Dr Salman Shah has said that government was making all out efforts to bring down sugar prices in the country. Talking to PTV, he said that various steps had already been taken by the government in order to maintain supply of the commodity regular.
Besides, a large number of supply points had been opened in the country, he added.
To a question he said, stocks of TCP imports had been arranged so that in case of any eventuality, demand could be fulfilled.
Private sector was also taking an active part for the import of sugar that would also help curtail prices of the essential commodity in the country. An even playing field had been created in the country. Soon, sugar prices would be at Rs 25-26 per KG, as the supplies came in, he claimed.
Sugar is openly available at Utility Stores at Rs 23 per KG, he said.
"We are living in a globalised world and have to compete the international market. When an even playing field is given to everyone then, producer should compete. This is not possible in the contemporary world that an industry is given protection and consumer pay the protection price," he added.
Sugar was a bulky commodity having considerable logistic cost which automatically provided an advantage to the local industry, he added.
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