AGL 38.15 Decreased By ▼ -0.07 (-0.18%)
AIRLINK 133.45 Increased By ▲ 4.48 (3.47%)
BOP 8.83 Increased By ▲ 0.98 (12.48%)
CNERGY 4.70 Increased By ▲ 0.04 (0.86%)
DCL 8.70 Increased By ▲ 0.38 (4.57%)
DFML 40.00 Increased By ▲ 1.06 (2.72%)
DGKC 85.41 Increased By ▲ 3.47 (4.23%)
FCCL 35.00 Increased By ▲ 1.58 (4.73%)
FFBL 75.75 Increased By ▲ 0.04 (0.05%)
FFL 12.79 Decreased By ▼ -0.03 (-0.23%)
HUBC 109.85 Decreased By ▼ -0.51 (-0.46%)
HUMNL 14.09 Increased By ▲ 0.08 (0.57%)
KEL 5.42 Increased By ▲ 0.27 (5.24%)
KOSM 7.72 Increased By ▲ 0.05 (0.65%)
MLCF 41.25 Increased By ▲ 1.45 (3.64%)
NBP 69.84 Decreased By ▼ -2.48 (-3.43%)
OGDC 192.15 Increased By ▲ 3.86 (2.05%)
PAEL 26.33 Increased By ▲ 0.70 (2.73%)
PIBTL 7.38 Increased By ▲ 0.01 (0.14%)
PPL 161.60 Increased By ▲ 8.93 (5.85%)
PRL 26.30 Increased By ▲ 0.91 (3.58%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.15 Increased By ▲ 1.73 (2.1%)
TELE 7.87 Increased By ▲ 0.28 (3.69%)
TOMCL 34.20 Increased By ▲ 1.63 (5%)
TPLP 8.58 Increased By ▲ 0.16 (1.9%)
TREET 17.14 Increased By ▲ 0.36 (2.15%)
TRG 60.60 Increased By ▲ 4.56 (8.14%)
UNITY 28.52 Decreased By ▼ -0.26 (-0.9%)
WTL 1.35 No Change ▼ 0.00 (0%)
BR100 10,752 Increased By 93.9 (0.88%)
BR30 32,110 Increased By 778.3 (2.48%)
KSE100 100,025 Increased By 755.8 (0.76%)
KSE30 31,136 Increased By 103.2 (0.33%)
Business & Finance

Punjab makes it mandatory for sugarcane growers to use banks for payments

  • The cane commissioner said that sugarcane farmers would be protected by paying through banks, so they should open bank accounts near the mills in their areas.
Published October 9, 2020 Updated October 10, 2020

The Government of Punjab has made it mandatory for sugarcane growers to receive payments through banks.

As per details, the decision to make payments to farmers through banks during the crushing season has been taken by amending the Sugar Factories Control Act, 1950 informed Cane Commissioner Punjab Zaman Wattoo.

The cane commissioner said that sugarcane farmers would be protected by paying through banks, so they should open bank accounts near the mills in their areas.

He said that payment through banks would eliminate the problems of the farmers like middle man while the farmers would be able to get the full amount on time.

Comments

Comments are closed.