AVN 65.52 Decreased By ▼ -1.18 (-1.77%)
BAFL 29.72 Increased By ▲ 0.22 (0.75%)
BOP 4.05 Decreased By ▼ -0.03 (-0.74%)
CNERGY 3.57 Decreased By ▼ -0.05 (-1.38%)
DFML 11.56 Decreased By ▼ -0.24 (-2.03%)
DGKC 42.03 Decreased By ▼ -1.17 (-2.71%)
EPCL 45.66 Decreased By ▼ -0.33 (-0.72%)
FCCL 11.60 Decreased By ▼ -0.25 (-2.11%)
FFL 5.78 Decreased By ▼ -0.10 (-1.7%)
FLYNG 5.94 Decreased By ▼ -0.13 (-2.14%)
GGL 10.88 Decreased By ▼ -0.37 (-3.29%)
HUBC 67.40 Decreased By ▼ -0.48 (-0.71%)
HUMNL 5.59 Decreased By ▼ -0.05 (-0.89%)
KAPCO 24.38 Decreased By ▼ -0.47 (-1.89%)
KEL 2.11 Decreased By ▼ -0.02 (-0.94%)
LOTCHEM 24.92 Decreased By ▼ -0.08 (-0.32%)
MLCF 24.58 Decreased By ▼ -0.29 (-1.17%)
NETSOL 74.12 Decreased By ▼ -2.08 (-2.73%)
OGDC 84.67 Decreased By ▼ -1.19 (-1.39%)
PAEL 10.61 Decreased By ▼ -0.44 (-3.98%)
PIBTL 3.91 Decreased By ▼ -0.07 (-1.76%)
PPL 64.81 Decreased By ▼ -1.19 (-1.8%)
PRL 12.74 Decreased By ▼ -0.21 (-1.62%)
SILK 0.87 Decreased By ▼ -0.01 (-1.14%)
SNGP 39.41 Decreased By ▼ -1.34 (-3.29%)
TELE 7.06 Decreased By ▼ -0.42 (-5.61%)
TPLP 14.70 Decreased By ▼ -0.39 (-2.58%)
TRG 107.60 Decreased By ▼ -2.85 (-2.58%)
UNITY 13.37 Decreased By ▼ -0.14 (-1.04%)
WTL 1.20 Decreased By ▼ -0.01 (-0.83%)
BR100 4,040 Decreased By -40.6 (-0.99%)
BR30 14,413 Decreased By -217.8 (-1.49%)
KSE100 39,942 Decreased By -434.1 (-1.08%)
KSE30 14,739 Decreased By -177.2 (-1.19%)
Follow us

LAHORE: The Punjab government on Friday initiated stern action against the sugar mills for committing violations of law and registered cases against the owners and management of three mills including Chinar Sugar Mills Faisalabad, Shakar Ganj Sugar Mills Jhang and Pasrur Sugar Mills Gujranwala.

Chinar Sugar Mills owner Javed Kayani, Shakar Ganj Sugar Mills owner Pervez Ahmed, General Manager (Cane) Manzoor Hussain Malik and General Manager (Admin Hussain Malik) have been arrested while police are conducting raids to nab the owners of Pasrur Sugar Mills.

According to handout issued on Friday, Chief Secretary Punjab Kamran Ali Afzal said that violators of the law would be dealt with iron hands. He said that strict action would be taken in case of sale of sugar at more than the fixed price and nobody would be allowed to sell the sweetener higher than the ex-mill rate of Rs 84.75 and retail price of Rs 89.75 per kilogram.

Largest penalty ever of Rs44bn imposed on sugar mills, PSMA

However, Cane Commissioner Punjab Muhammad Zaman Wattoo while talking to Business Recorder said that action has been taken against these mills on the charges of non-payment of dues to the growers within 15 days as per law.

Meanwhile, Pakistan Sugar Mills Association (PSMA) Central Chairman Chaudhry Zaka Ashraf and others during a press conference strongly condemned the government action against these mills. They said that millers had invested billions of rupees to set up these industries which are providing livelihood to thousands of people directly and indirectly.

Copyright Business Recorder, 2021

Comments

Comments are closed.

Cases registered against owners of three sugar mills

Elections solution to all problems, but political stability first: Maryam

Rana Sanaullah's comments direct threat to Imran Khan: Fawad

PM Shehbaz terms President Alvi's election letter 'a PTI press release'

Qatar leads Gulf bourses higher on hopes of Fed rate pause

US says no indication Russia has moved nuclear weapons

Credit Suisse could face disciplinary action, Swiss regulator says

Imad's fifty takes Pakistan to 130-6 in second T20I

Tom Latham returns to lead as New Zealand announce T20I squad against Pakistan

India summons Canada High Commissioner, concerned over Sikh protesters

Researchers unearth 2,000 ram heads in Egypt temple