AGL38.99▲ 0.63 (0.02%)AIRLINK136.86▼ -0.44 (0.00%)BOP5.62▲ 0.23 (0.04%)CNERGY3.85▲ 0.02 (0.01%)DCL7.94▼ -0.11 (-0.01%)DFML45.46▼ -0.13 (0.00%)DGKC85.44▲ 2.3 (0.03%)FCCL31.46▲ 1.13 (0.04%)FFBL61.6▲ 3.85 (0.07%)FFL9.23▲ 0.12 (0.01%)HUBC108.86▲ 2.19 (0.02%)HUMNL14.41▲ 0.1 (0.01%)KEL4.82▲ 0.15 (0.03%)KOSM7.65▼ -0.32 (-0.04%)MLCF38.2▼ -0.62 (-0.02%)NBP67.04▼ -0.84 (-0.01%)OGDC175.32▲ 6.18 (0.04%)PAEL25.22▼ -0.19 (-0.01%)PIBTL5.89▼ -0.07 (-0.01%)PPL133.37▲ 2.42 (0.02%)PRL24.05▲ 0.22 (0.01%)PTC16.76▲ 0.98 (0.06%)SEARL67.42▲ 2.77 (0.04%)TELE7.47▲ 0.03 (0.00%)TOMCL36.17▲ 0.13 (0.00%)TPLP7.79▼ -0.05 (-0.01%)TREET14.64▼ -0.25 (-0.02%)TRG49.52▲ 4.42 (0.10%)UNITY25.62▼ -0.09 (0.00%)WTL1.32▲ 0.03 (0.02%)

Stranglehold of sugar mafia

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

IN a disturbing turn of events, sugar prices have soared to record levels, adding to the growing list of essential commodities becoming unaffordable for the common man. As members of the former ruling coalition engage in a blame game, it is the ordinary citizens who bear the brunt of this crisis.

The sugar industry in our country has long been plagued by a shadowy network of powerful individuals and groups, commonly referred to as the “sugar mafia.” This shadowy cabal, comprising influential politicians, wealthy landowners and unscrupulous businessmen, exercises undue influence over the sugar market. They exploit their positions to manipulate prices all at the expense of the common man. This unchecked greed is what lies at the heart of the sugar crisis we are witnessing today. Because of their presence in every government, this sugar mafia always enjoys incentives whilst those growing the sugarcane get nothing. Even sugarcane growers do not get timely payments for their produce. The consequences of the sugar mafia’s actions are dire. The common man, already grappling with a host of economic challenges, is now forced to dig deeper into their pockets to afford a basic necessity like sugar. This exploitation leads to a further erosion of the purchasing power of the average citizen, pushing more families into poverty. It is unacceptable that a kilogram of sugar can be unaffordable for so many while a select few profit immensely from the suffering of the masses. The first step towards addressing the sugar crisis is to ensure transparency in the sugar industry. Government bodies should conduct thorough audits and investigations into sugar mills, scrutinizing their operations, stockpiles and tax compliance. Those found guilty of hoarding or manipulating prices must face strict penalties. Regulatory bodies responsible for overseeing the sugar industry should be strengthened and empowered. They must be equipped with the resources and authority to monitor the industry effectively and enforce regulations. There is need to implement policies to support small-scale sugarcane farmers, ensuring they receive fair prices for their crops. This will reduce their vulnerability to exploitation by larger sugar mills. Smuggling has been hurting our economy since long and time has come to curb it with actions on the ground. As far as sugar crisis is concerned, Judiciary is also responsible for the woes of the common man.

Related Posts

© 2024 All rights reserved | Pakistan Observer