BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)

LAHORE: The Punjab Cane Commissioner has directed the occupiers of all the sugar factories/mills across the province to start the preliminary preparations in run up to start of crushing season 2021.

In a recently-written letter to the mills, Cane Commissioner Punjab Muhammad Zaman Wattoo said that section 2(h) of the Punjab Sugar Factories (Control) Act, 1950, defines the crushing season as the period beginning on the 1st October in any year and ending on the 30th June next following. Section 8 of the Act ordains the occupier of a factory to start crushing of cane not later than a date specified by the government which shall not be later than 30th November.

“The matter of start of crushing season 2021-22 is under the consideration of the Punjab government. Date of start of crushing season shall be communicated in due course of time. In the meantime, occupiers of the sugar factories/mills are required to start the preliminary preparations in run up to start of crushing season,” the letter added.

The sources in the cane commissioner office told Business Recorder on Thursday that a proposal of cane support price for the current crushing season is lying with the government and they are looking forward to the cabinet to have its consent. The government will also decide the date of the start of crushing season, they added.

When asked that the sugar mills association had expressed their inability to start crushing before they get some clearance from the cane commissioner office, they said some millers had not only to pay the principal amount on cane purchased from growers but also interest on delayed payments as per law. “We cannot issue clearance till the dues are paid,” they added.

Meanwhile, millers from Sindh had condemned arrest of sugar mill owners and other senior management in Punjab.

“We request the federal government to hold dialogue for resolving all issues instead of going for humiliation of those who had invested billions of rupees in the local industry. The ongoing situation will hamper the contribution of the sugar industry which directly employs more than 100,000 employees while indirectly, more than a million households are dependent on the industry,” said a statement by the PSMA members from Sindh.

“Resolution of issues via dialogue will not only help the industry to present its point of view, but is critical for the survival of sugar industry, growers and rural economy,” millers concluded.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.