BR100 Increased By (0.34%)
BR30 Increased By (0.77%)
KSE100 Increased By (0.26%)
KSE30 Increased By (0.25%)
BECO 5.73 Increased By ▲ 0.34 (6.31%)
BML 57.30 Decreased By ▼ -0.16 (-0.28%)
BOP 36.77 Increased By ▲ 0.46 (1.27%)
CNERGY 8.39 Increased By ▲ 0.18 (2.19%)
DCL 12.04 Increased By ▲ 0.21 (1.78%)
FCCL 58.61 Decreased By ▼ -0.67 (-1.13%)
FCSC 5.01 No Change ▼ 0.00 (0%)
FFL 17.94 Increased By ▲ 0.09 (0.5%)
FNEL 1.26 No Change ▼ 0.00 (0%)
HUMNL 11.42 Decreased By ▼ -0.08 (-0.7%)
KEL 8.29 Decreased By ▼ -0.04 (-0.48%)
KOSM 6.62 Decreased By ▼ -0.01 (-0.15%)
MLCF 108.29 Increased By ▲ 0.86 (0.8%)
NBP 206.04 Increased By ▲ 1.03 (0.5%)
PACE 11.17 Increased By ▲ 0.07 (0.63%)
PAEL 45.35 Decreased By ▼ -0.07 (-0.15%)
PIAHCLA 30.77 Decreased By ▼ -0.99 (-3.12%)
PIBTL 19.06 Increased By ▲ 0.21 (1.11%)
PPL 245.95 Increased By ▲ 2.21 (0.91%)
PRL 36.08 Decreased By ▼ -0.16 (-0.44%)
PTC 72.36 Increased By ▲ 0.29 (0.4%)
SEARL 96.67 Increased By ▲ 2.09 (2.21%)
SSGC 31.67 Decreased By ▼ -0.18 (-0.57%)
TELE 9.27 Increased By ▲ 0.25 (2.77%)
THCCL 67.81 Decreased By ▼ -0.66 (-0.96%)
TPLP 11.23 Increased By ▲ 0.51 (4.76%)
TREET 25.89 No Change ▼ 0.00 (0%)
TRG 67.84 Increased By ▲ 3.53 (5.49%)
WAVES 10.98 Increased By ▲ 0.07 (0.64%)
WTL 1.28 Decreased By ▼ -0.01 (-0.78%)
Business & Finance

Punjab govt issues Sugar Factories Amendment Ordinance, 2020

  • Under the amended ordinance, delay in payment of farmers' dues and the illegal deduction will result in imprisonment for 3 years and a fine of Rs 5 million.
Published September 25, 2020 Updated September 25, 2020 03:39pm

In order to control the sugar mafia and protect the sugarcane farmers, the Punjab government has issued the Sugar Factories Amendment Ordinance, 2020.

Under the ordinance, delay in payment of dues of sugarcane farmers will result in imprisonment for three years and a fine of Rs 5 million. The ordinance has made major changes in the Punjab Sugar Factories Act, 1950.

Under the amended ordinance, delay in payment of farmers' dues and the illegal deduction will result in imprisonment for 3 years and a fine of Rs 5 million.

Sugar mills will be required to issue a formal receipt for receipt of sugarcane. Sugarcane dues will be credited to the farmer's account. Meanwhile, sugar mill agents will be required to issue formal receipts on sugarcane, and issuing informal receipts to farmers will be a crime.

The ordinance states that the cane commissioner has been given the power to determine and collect the dues of the farmers. The dues can be recovered through the Land Revenue Act. If the dues of the farmers are not paid, the mill owner can be arrested and the mill can be forfeited. The deputy commissioners will be bound to carry out arrest and bail orders.

According to the amended ordinance, the delayed start of sugarcane crushing is punishable by 3 years imprisonment and a fine of Rs 5 million.

Under the Sugar Factories Act, the offense has been made non-bailable and inviolable police and the cases have been transferred from Magistrate First Class to Section 30 Magistrate.

Comments

Comments are closed for this article.