- Govt installs stands to sell sugar at RS130 / kg.
- Sugar prices reach RS160 / kg, inflation problems increase.
- Critics slam a short -term correction, demand market regulations.
Islamabad: rather than attacking the rise in sugar prices that have put consumers across the country across the country, the government has chosen to establish temporary stands at the municipal level, selling sugar at a controlled rate of RS130 per kilogram during Ramzan, The news reported on Saturday.
Despite this uncontrolled inflation, the Sugar Advisory Board (SAB), chaired by the Federal Minister of Industries and production Rana Tanveer Hussain, decided during a meeting to introduce these temporary stands rather than applying the discipline of the . The chief secretaries of all the provinces were responsible for ensuring their immediate configuration, with 230 stands planned for the Sindh, 405 for Khyber Pakhtunkhwa, and others in Punjab and Balutchistan.
Friday, Pakistan Bureau of Statistics (PBS) indicated that sugar prices had jumped 20.88 rupees per kg, or 15.5%, in the last two months, reaching an average of RS155.27 per kg per kg Cours of the week ending in February. 20
In some areas, including capital, prices have exceeded RS160 per kg on the free market.
Managers say that the initiative will bring relief to consumers and hoarding and manipulation of prices. However, criticisms argue that these short-term corrections fail to solve the underlying problems of sugar price increases, profits and the regulation of the ineffective market.
Rana Tanveer ordered that the sugar supply to these stands remains uninterrupted until the 27 of Ramazan, with a special committee formed to resolve potential bottlenecks.
He insisted that the initiative was designed to benefit the public and swore strict surveillance.
Special security measures have also been mandated for Balutchistan and Khyber Pakhtunkhwa to ensure smooth transport and distribution.