AVN 70.00 Decreased By ▼ -1.20 (-1.69%)
BOP 9.10 Increased By ▲ 0.05 (0.55%)
CHCC 134.50 Increased By ▲ 1.00 (0.75%)
DCL 9.40 Increased By ▲ 0.15 (1.62%)
DGKC 106.50 Increased By ▲ 0.29 (0.27%)
EFERT 61.50 Increased By ▲ 0.55 (0.9%)
EPCL 45.86 Increased By ▲ 0.44 (0.97%)
FCCL 21.55 Increased By ▲ 0.51 (2.42%)
FFL 15.35 Increased By ▲ 0.21 (1.39%)
HASCOL 14.94 Increased By ▲ 0.46 (3.18%)
HBL 131.00 Increased By ▲ 0.56 (0.43%)
HUBC 83.43 Increased By ▲ 4.18 (5.27%)
HUMNL 6.10 Decreased By ▼ -0.10 (-1.61%)
JSCL 27.35 Decreased By ▼ -0.45 (-1.62%)
KAPCO 28.95 Increased By ▲ 0.72 (2.55%)
KEL 3.72 Increased By ▲ 0.04 (1.09%)
LOTCHEM 13.04 Decreased By ▼ -0.01 (-0.08%)
MLCF 40.16 Decreased By ▼ -0.11 (-0.27%)
OGDC 100.25 Increased By ▲ 0.12 (0.12%)
PAEL 34.30 Increased By ▲ 0.50 (1.48%)
PIBTL 12.81 Increased By ▲ 0.15 (1.18%)
PIOC 94.75 Increased By ▲ 1.98 (2.13%)
POWER 9.80 Increased By ▲ 0.02 (0.2%)
PPL 91.17 Decreased By ▼ -1.34 (-1.45%)
PSO 201.74 Increased By ▲ 2.59 (1.3%)
SNGP 45.48 Increased By ▲ 1.48 (3.36%)
STPL 16.30 Increased By ▲ 0.94 (6.12%)
TRG 67.80 Decreased By ▼ -1.27 (-1.84%)
UNITY 27.20 Increased By ▲ 0.34 (1.27%)
WTL 1.05 No Change ▼ 0.00 (0%)
BR100 4,354 Increased By ▲ 19.01 (0.44%)
BR30 22,049 Increased By ▲ 37.5 (0.17%)
KSE100 41,841 Increased By ▲ 175.4 (0.42%)
KSE30 17,581 Increased By ▲ 47.46 (0.27%)

LAHORE: The Punjab government has decided to carry out crackdown against illegal weighing bridges for sugarcane in the province during coming crushing season to save farmers from exploitation. Besides this, it has also decided not to ban jaggery manufacturing units during the crushing season.

Cane Commissioner Punjab Zaman Wattoo announcing this said that those running illegal weighing bridge will face three years imprisonment and a fine of Rs5 million.

The punishment will be awarded under the amendments made in the Sugar Factories (Control) Act 1950. Under another amendment in the same act, sugarcane purchasing agent also has to submit a security bond/bank guarantee worth Rs10 million. It will also be binding on him to purchase sugarcane only from that area of which a license he has obtained.

It will also be binding on the purchasing agent to issue Cane Purchase Receipt (CPR) of the same mill, which has nominated him as purchasing agent, said Zaman Wattoo.

Meanwhile, it has also been learnt that the Cabinet Committee for determination of minimum purchase price for sugarcane has decided not to ban manufacturing of jiggery at any place of the province this year.

Copyright Business Recorder, 2020