Updated on
Summary
Sugar mill owners have refused to provide sugar at Rs 45 per kg in Punjab while Prime Minister Yousaf Raza Gilani has called a delegation of the Punjab Government in Islamabad to solve the crisis. The delegation comprises on Provincial Food Minister Nadeem Kamran, Chief Secretary Javed Mahmood and Food Sectary Irfan Elahi. Federal Government had fixed the ex-mill sugar prices at Rs49.75 after negotiating with the mill owners. However the Punjab Government had announced to provide sugar at Rs 45 per kg. Sources revealed that sugar mill owners had conveyed to the Punjab Government that they were unable to provide sugar below the prices fixed by the federal government. On the other hand, Federal Statistics Bureau has claimed sugar prices downed by Rs 2 per kg during one week. It said sugar prices reached Rs 51.99 from Rs54.50 in the week ending on August 20. According to the bureau the inflation rate remained 7.44 percent during this week and prices decreased by one percent as compared to the last week. The inflation for the people with an income of Rs3,000 remained 8.66 percent, for Rs5,000 9.38 percent and for the people with an income above Rs 12,000 it remained 5.69 percent. The prices of 53 commodities went up, 11 went down and 27 remained unchanged.
