Latest Trading, forex, Immigration, Attorney  News

↑ Grab this Headline Animator

Visit Our New Website Click On Image 

Plea against Rs72/kg sugar

No sugar shortage in country, says Bijrani
ISLAMABAD: A petition filed in Lahore High Court Tuesday challenged Rs72 per kilogramme rate of sugar. The Government of Punjab has recently fixed sugar at Rs72 per kilogramme. Meanwhile, the court called reply from the federal government within two weeks over a petition in which government’s decision about imposition of Reformed General Sales Tax (RGST) and flood tax have been challenged.
Meanwhile, federal minister for industries and production Mir Hazar Khan Bijrani has said that there is no shortage of sugar in the country, it is the hoarders who are to be blamed and without the help of the provincial governments this problem can not be solved. Mir Hazar Khan Bijrani in a statement said that the hoarders are creating this shortfall of sugar in the country. The provincial governments should take action and organise its machinery to deal with the hoarders and without the help of all provincial governments this problem can not be solved.
He informed that an ICC meeting was held on Nov 11 and in that meeting it was informed that during January-October seven and a half million tonnes of sugar was bought by the traders from the sugar-mills which never reached the local market.
Since January 2010 till Oct 2010, 2 million 75 thousand tonnes per month has been produced whereas the limit set by the government was 3 million 50 thousand tonnes per month. He further informed that he presided over a meeting of the Pakistan sugar association meeting in which the representative of the association Jawad Kiyani has categorically said all the sugar has been sold from the sugar mills and not even a single bag is left. -Agencies


Post a Comment