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Sugar Policies Of Pakistan For The Year 2009:

The Information Minister said Cabinet also approved Sugar policy for
the year 2009-10. The production of sugar for the next year is likely to
be three million tons as against the demand of four point two million
tons. It was decided to import 500,000 raw and 500,000 refined sugar.
Besides, the provincial government was asked to look into production
of sugar from other crops along side sugarcane. He said permission
has been given to produce Gur but it cannot be exported. He informed
that a committee headed by the Finance Minister is working to resolve
the issue of sugar supply on fixed price.

The meeting directed the State Bank to formulate a policy to resolve


the issue of delayed payment to sugarcane-growers. It was decided
that the chit given by the mills owner to the growers should be used as
negotiable instruments and grower will be able to get cash from Banks
against these chits.

The Information Minister said the sugar mills have the capacity to
generate 1000 to 2000 megawatt of electricity and the owners have
been asked to continue the generation of electricity round the year by
using coal after consumption of their own fuel.

Chairman Sugar Dealers Association Sikandar Khan has said promised


to ensure sugar supply in the market at Rs 36 per kilogramme.

Talking to media outside the Supreme Court building Salman Siddique


said the sugar policy for year 2009-10 will be formulated soon. A
meeting will be held next week, which will be attended by all chief
ministers of the provinces, he said.

He said the country has 3, 76,000 tonnes sugar stocks including 2,


66,000 tonnes in Punjab and 56,000 tonnes in Sindh and NWFP each.

Chairman Sugar Dealers Association Sikandar Khan has said the sugar
mills providing the commodity in the market at Rs 36 per kilogramme
for last two months but onward the consumers being sold sugar on
inflated rates.

Quantity of sugar to be imported to overcome the expected shortage,


the sources said. In new sugar policy, the govt might impose ban on
the export of raw sugar to Afghanistan in order to make sure
availability of the commodity in the county. It is worth mentioning here
that sugar is smuggled to Afghanistan every year that creates shortage
in the country, especially in NWFP and Balochistan.
The sugar mills will release 30 per cent of the available stock of sugar
for domestic consumption and the remaining 70 per cent shall be
released for industrial consumption.

The release of sugar for domestic and industrial consumption shall be


made on a daily basis maintaining the ratio of 30:70. 30 percent
domestic consumers need 11,400 metric tones sugar daily.

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