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Govt taking all steps to reduce prices of flour, sugar: Shibli

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Islamabad

Minister for Information and Broadcasting Senator Shibli Faraz on Wednesday said that the present government was taking all possible steps to reduce the prices of flour, sugar and other essential daily items.
Addressing a press conference here, the minister said Prime Minister Imran Khan chaired a review meeting on inflation and prices of daily use items, including flour and sugar, and expressed his dissatisfaction on their prices.
He said the focus of the prime minister’s policies was welfare of the poor and backward classes, who were directly affected by hike in the prices of daily use items, whereas the past rulers made policies for personal gain and elite class.
He said the prime minister was regularly getting briefings on inflation and prices, and he had been issuing directives to the provincial government officials to taking steps for their effective control. The sugar and flour cartels were influential but hey would not be given any concession at the cost of consumers as they were not powerful than the people and the government.
Shibli Faraz said the meeting was informed that a 20-kg flour bag was being sold in Khyber Pakhtunkhwa at Rs 900 to 1,150, in Punjab at Rs 860 to 950, in Karachi (Sindh) at up to Rs 1700.
The reason for the highest price of flour in Sindh, he said, was that the provincial government had not issued wheat quota to the flour mills. The disparity in flour price resulted from transportation of wheat from other provinces to Sindh, he added.
The minister said a comprehensive mechanism was being chalked out for ensuring equal price of flour in all the provinces. Advisor to the PM on Finance Hafeez Sheikh, Provincial Food Minister Aleem Khan and relevant food secretaries were working out a plan of action.He said the government would reduce the prices of essential goods at any cost. Following the report of the Sugar Commission, the sugar prices were increased to pressurise the government, but it would not bow to any pressure from the sugar cartel.
Since the past rulers owned sugar mills so they formulated policies for their own interest at the cost of farmers and consumers, he added.
Shibli Faraz said it was a matter of satisfaction that even during the difficult times of corona pandemic, the supply of daily use items remained stable. Both public and private sectors were importing sugar to reduce its prices in the market. The Federal Government in collaboration with the provincial governments was introducing a new law to ensure timely start of the sugarcane crushing. Under the new law, the sugar mill that delayed crushing, would be fined Rs 5 million a day, which was presently Rs 20,000 for the entire season.
The government was also keeping a close eye on the elements trying to stockpile sugar, who would be taken to task. There were indications that some people were hoarding sugar in Karachi, he added.—APP

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