AIRLINK 177.92 Increased By ▲ 0.92 (0.52%)
BOP 12.88 Increased By ▲ 0.07 (0.55%)
CNERGY 7.58 Increased By ▲ 0.09 (1.2%)
FCCL 45.99 Increased By ▲ 3.97 (9.45%)
FFL 15.16 Increased By ▲ 0.32 (2.16%)
FLYNG 27.34 Decreased By ▼ -0.36 (-1.3%)
HUBC 132.04 Decreased By ▼ -2.47 (-1.84%)
HUMNL 13.29 Increased By ▲ 0.33 (2.55%)
KEL 4.46 Increased By ▲ 0.02 (0.45%)
KOSM 6.06 No Change ▼ 0.00 (0%)
MLCF 56.63 Increased By ▲ 2.12 (3.89%)
OGDC 223.84 Increased By ▲ 1.26 (0.57%)
PACE 5.99 Decreased By ▼ -0.04 (-0.66%)
PAEL 41.51 Increased By ▲ 0.21 (0.51%)
PIAHCLA 16.01 Increased By ▲ 0.39 (2.5%)
PIBTL 9.88 Decreased By ▼ -0.18 (-1.79%)
POWER 11.16 Decreased By ▼ -0.01 (-0.09%)
PPL 186.63 Increased By ▲ 2.64 (1.43%)
PRL 34.90 Increased By ▲ 0.59 (1.72%)
PTC 23.53 Increased By ▲ 0.19 (0.81%)
SEARL 94.96 Increased By ▲ 3.89 (4.27%)
SILK 1.14 Increased By ▲ 0.03 (2.7%)
SSGC 35.50 Increased By ▲ 1.52 (4.47%)
SYM 15.64 Decreased By ▼ -0.32 (-2.01%)
TELE 7.87 Increased By ▲ 0.01 (0.13%)
TPLP 10.93 Decreased By ▼ -0.08 (-0.73%)
TRG 59.20 Increased By ▲ 0.48 (0.82%)
WAVESAPP 10.78 Decreased By ▼ -0.01 (-0.09%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.80 Decreased By ▼ -0.01 (-0.26%)
BR100 12,130 Increased By 107.3 (0.89%)
BR30 37,246 Increased By 640.2 (1.75%)
KSE100 114,399 Increased By 685.5 (0.6%)
KSE30 35,458 Increased By 156.2 (0.44%)

LAHORE: The Punjab government has started deliberations on fixing the ex-mill and retail price of sugar for providing relief to masses by controlling sugar prices. “If it happened, it will be the first time ever that the government will fix ex-mill prices,” said official sources.

The sources told Business Recorder on Wednesday that a committee comprising Secretary Food Punjab, Secretary Industries and Cane Commissioner Punjab has started calculations on a data of cost provided by the Pakistan Sugar Mills Association (PSMA) though the PSMA is not on board in this process.

They said the government is trying to come up with a price which would be agreeable by all the stakeholders and provide relief to the common people. After the deliberations, a solid proposal will be sent to the provincial cabinet for approval. When asked about any idea of the price, the sources said deliberations have just started and are in initial phase.

Meanwhile, the Punjab Cane Commissioner Office the other day granted first license to a sugar broker under the Punjab Sugar (Supply-chain Management) Order 2021. However, four more brokers were awarded licenses under the same order on Wednesday taking the total tally to five.

Likewise, over 115 dealers have got themselves registered with the administration of different districts till Tuesday and the number is growing, said Cane Commissioner Punjab Muhammad Zaman Wattoo while talking to this scribe.

He said registration of brokers and dealers under the said order would help discouraging the middle men and sugar mafia.

He said despite lapse of Sugar Factories Control Ordinance, the Cane Commissioner Office would continue regulating sugar mills to ensure payments to the sugar cane growers. He said that action can be taken against the mills that bought sugarcane during the period of the said ordinance and did not pay to the farmers.

Meanwhile, Asghar Butt from Akbari Mandi told that some 430 bags of 50 kilograms each were sent by the district administration and sugar was sold at Rs96 per kilograms to the wholesalers. He said it has eased the crisis of sugar to some extent though not completely.

Copyright Business Recorder, 2021

Comments

Comments are closed.