BR100 Decreased By (-1.08%)
BR30 Decreased By (-1.33%)
KSE100 Decreased By (-0.64%)
KSE30 Decreased By (-0.81%)
BECO 5.32 Decreased By ▼ -0.11 (-2.03%)
BML 55.27 Decreased By ▼ -0.42 (-0.75%)
BOP 35.00 Decreased By ▼ -0.38 (-1.07%)
CNERGY 8.16 Decreased By ▼ -0.04 (-0.49%)
DCL 11.40 Decreased By ▼ -0.15 (-1.3%)
FCCL 57.51 Decreased By ▼ -0.85 (-1.46%)
FCSC 5.00 Decreased By ▼ -0.12 (-2.34%)
FFL 17.66 Decreased By ▼ -0.18 (-1.01%)
FNEL 1.23 Decreased By ▼ -0.02 (-1.6%)
HUMNL 10.90 Decreased By ▼ -0.17 (-1.54%)
KEL 8.56 Decreased By ▼ -0.19 (-2.17%)
KOSM 6.47 Decreased By ▼ -0.22 (-3.29%)
MLCF 106.59 Decreased By ▼ -0.56 (-0.52%)
NBP 199.00 Decreased By ▼ -2.73 (-1.35%)
PACE 11.06 Decreased By ▼ -0.24 (-2.12%)
PAEL 44.95 Increased By ▲ 0.46 (1.03%)
PIAHCLA 28.37 Decreased By ▼ -1.04 (-3.54%)
PIBTL 18.28 Decreased By ▼ -0.36 (-1.93%)
PPL 243.50 Decreased By ▼ -4.48 (-1.81%)
PRL 34.91 Decreased By ▼ -0.38 (-1.08%)
PTC 65.25 Decreased By ▼ -0.89 (-1.35%)
SEARL 94.00 Decreased By ▼ -1.49 (-1.56%)
SSGC 30.75 Decreased By ▼ -1.29 (-4.03%)
TELE 8.69 Decreased By ▼ -0.18 (-2.03%)
THCCL 64.86 Decreased By ▼ -1.75 (-2.63%)
TPLP 10.22 Decreased By ▼ -0.35 (-3.31%)
TREET 25.04 Decreased By ▼ -0.26 (-1.03%)
TRG 63.15 Decreased By ▼ -1.25 (-1.94%)
WAVES 10.64 Decreased By ▼ -0.26 (-2.39%)
WTL 1.25 Decreased By ▼ -0.01 (-0.79%)

LAHORE: Punjab Chief Minister Sardar Usman Buzdar has directed the administration to take strict measures for ensuring the provision of sugar at fixed rates.

“There is an abundant stock of sugar in the province and the declining trend in sugar prices is being witnessed. A room has been established in CM and CS offices to monitor the supply of sugar and other essential items at fixed prices,” said a Punjab government’s spokesperson here on Saturday.

The chief minister will personally inspect the availability and prices of sugar and daily use commodities by visiting Ramazan bazaars. Provincial ministers and secretaries will also submit their reports on daily basis after visiting bazaars.

In this connection, Punjab Chief Minister Usman Buzdar asserted that the government will ensure the sale of sugar in the markets at a fixed price. He further said that the ex-mill price of sugar is Rs 80 per kg whereas the market rate is Rs 85 per kg.

“Sugar will be available at a subsidized rate of Rs 65 per kg in Ramazan bazaars,” he added.

According to him, under zero-tolerance policy, a crackdown is being successfully carried out against those who are creating artificial increase the price of sugar and hoarders. Inflation is a challenge but the government is determined to curb it at any cost and no one will be allowed to exploit the poor man. Increase in the prices of sugar, flour and other commodities will not be tolerated.

He further stated that all out measures will be taken to prevent the poor from the effects of inflation, adding that initiatives taken by the government to control price hike are yielding desirable results.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.