Friday, August 28, 2009

Sindh sugar stocks likely to last four months: Marri

Sindh’s sugar stocks are likely to last three to four months, said Sindh Information Minister Shazia Marri at a press conference at New Sindh Secretariat on Thursday.

Flanked by Agriculture Secretary Agha Jan Akhtar and Information Secretary Malik Israr, Marri said that the consumption of sugar in Sindh was estimated at 75,000 tonnes per month, while 240,000 tonnes of sugar were available at present in the province.

She said that the Sindh government had reached an agreement with sugar mills owners, wholesalers, and retailers’ associations over pricing of sugar, under which the ex-mill price of sugar has been fixed at Rs44.75 per kilogramme (kg). This price, she said, was even 25 paisas less than the price fixed by Prime Minister Yousuf Raza Gillani, while retail price of sugar would be Rs47 per kg.

The minister said that all stakeholders would abide by this decision and warned that strict action would be taken against hoarding and black-marketing of the commodity. She said that raids had been conducted on godowns in certain areas of Karachi, and similar action would be taken in other districts of the province. She said that the provincial government was satisfied with this agreement, adding that no leniency would be shown if the price of sugar was increased arbitrarily.

She said that the government had taken steps to provide relief to the masses but because of “defective infrastructure”, it did not reach the people it was intended for.

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