Printer Friendly

LHC seeks govt notification about ban on sugar export.

LAHORE -- The Lahore High Court (LHC) on Thursday ordered the federal government lawyer to produce the notification with regard to ban on the export of sugar.

Chief Justice LHC Mamoon Rashid Sheikh heard a petition regarding hike in sugar price.

The bench also sought a report on total stocks of sugar in the country.

It is to be mentioned here that the Economic Coordination Committee (ECC) in a meeting on Monday imposed immediate ban on export of sugar.

The counsel of sugar mills argued that sugarcane production has dropped in the country this year. 'He however said that sufficient stocks of sugar are available in the country'.

'Why the price is surging when sufficient stocks of sugar are available,' the bench asked.

'The sugarcane price has increased to Rs. 220 per maund,' Cane Commissioner said in his statement.

The cane commissioner is supporting the sugar mafia, the counsel of petitioner alleged in the court.

Sugar mills are running advertisements in media, the counsel said. On a question, the counsel said that the sugar is being sold between 85 rupees to 90 rupees per kilogram.

The court adjourned further hearing of the case till the next week.

The high court in a previous hearing sought record of total stocks of sugar and wheat in the province.

The petitioner's counsel said in a previous hearing that wheat flour and sugar were available in quantity more than the requirement but the mafias have cooked up an artificial shortage.

The petitioner pleaded to the court to impose a ban over export of the wheat and crackdown against hoarding of sugar.

The price of sugar, an essential ingredient in Pakistani cuisine, witnessed 10 rupees per kilogram hike in a week recently, the wholesale rate of the commodity rose from Rs64 to Rs74 per KG and an acute shortage of the commodity surfaced across the country.

COPYRIGHT 2020 Knowledge Bylanes
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2020 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Frontier Post (Peshawar, Pakistan)
Date:Feb 13, 2020
Previous Article:ANF seizes drugs worth 1.198 billion US dollars in countrywide crackdown.
Next Article:Punjab govt to establish 100 Insaf schools in Lahore.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters