Govt decides to sell sugar stock at Rs90 per kg thumbnail

Govt decides to sell sugar stock at Rs90 per kg

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Federal Energy Minister Hammad Azhar announced on Monday that the stock of 100,000 tons of sugar will be sold off at Rs90 per kilogram. The federal minister was briefing media persons after a meeting on price control chaired by Prime Minister Imran Khan.

“The government will start taking
action against closed sugar mills,” he said. “We will not be blackmailed by the
association.”

The federal minister slammed the
Sindh government, accusing it of colluding with Pakistan Sugar Mill
Association’s Sindh zone hatching a conspiracy against the federal government.

“Why are sugar mills still shuttered? They should have been running by October 15,” he said.

Legally, the government would force
all sugar mills to run for the entire prescribed period without any break.
Sugar mills found violating government orders, will be fined Rs5 million, he
said.

Hammad Azhar pointed out: “The Sindh
government has been decreasing the crushing season, in an effort to create an
artificial crisis,” Azhar said.

The Punjab government, he said, had
instructed mills in southern Punjab to remain functional till November 15 while
others will be working till November 20, he said.

Sugar Dealer Association

Office-bearers of the sugar dealer
association said that the price of sugar was Rs117 per kilogram in the
wholesale market. On November 5, the sweetener price had soared above Rs150 in
most cities and towns across the country.

Sugar prices in the wholesale market
dropped by Rs23 per kg over the past three days. In the retail market, a bag
weighing a kilogram of sugar was sold at Rs125/kg, SAMAA TV reported. Dealers
predicted that the prices might come down to under Rs100 a kilogram.

“Artificial crisis”

Special Assistant to Prime Minister on Political Communications Shehbaz Gill announced launching an investigation against what he called a “mafia” for creating an artificial sugar crisis. “Prime Minister Imran Khan has instructed to take action against the sugar mafia. Those who made people suffer will be held accountable,” Gill tweeted.

Addressing a press conference on November 7, he said that three sugar mills had started their operations in Sindh but later on they were closed due to a conspiracy to create a sugar crisis in the country.

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