Pakistan

Federal cabinet decides crackdown on sugar, wheat hoarders

sugar wheat crackdown

Prime Minister Imran Khan on Tuesday directed the government for a complete crackdown against those elements involved in the hoarding of sugar and wheat.

Prime Minister Imran Khan presided a meeting regarding the present stock of wheat and sugar, their demand and supply, and future requirement. The Prime Minister said that a sufficient supply of wheat and sugar must be ensured. He directed that strict action be taken against those, involved in the hoarding of sugar and wheat.

Read more: PM Imran wants Sindh to fine sugar mills for delaying crushing

He also directed the provinces that for ready availability of sugar and wheat, their smooth supply system be designed. He said that a detailed schedule to be made for the proper supply of imported wheat to the whole country.

He instructed the Chief Secretaries to do the stock verification of the sugar available in the mills. The chief secretary, Punjab was directed to announce the date of the crushing season of sugar cane at the earliest. The chief secretaries of Punjab and Sindh were asked to fix the government rate of sugar cane.

The federal cabinet also approved the crackdown against those responsible for the price increase of sugar and wheat. The cabinet was informed that the 4 lac and 30 thousand tons of imported sugar by the private sector have reached the country and arrangements are being made to import further 6 lac and 60 thousand tons. The arrangement for the import of this sugar has been completed.

Details of the annual profit and loss of the PIA was presented before the federal cabinet. The cabinet was informed that PIA earned Rs 7.8 billion during 2019 whereas PIA faced a loss of Rs 19.8 billion during 2018. There was the addition of 42.5 % in the revenue of Pakistan International Airlines. PIA had faced an operating loss of 32 % in 2018 while the same loss was 7.7 % in 2019. The revival of the PIA was appreciated by the cabinet.

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