Ex-mill price of sugar fixed at Rs 45/kg

The government on Saturday fixed ex-mill price of sugar at Rs. 45 per kg inclusive of all taxes for a period of three months starting from first of Ramazan throughout the country, with GST on sugar reduced by 50% during this period. This decision was taken in a high-level meeting chaired by Prime Minister Syed Yousuf Raza Gilani at the Prime Minister House. The Prime Minister directed the Minister of Industries to ensure the availability of subsidized sugar at the rate of Rs. 38 per kg at all Utility Store outlets throughout the country. He further directed that the support of provincial governments would be sought for devising an effective monitoring mechanism in this regard. The meeting decided that there will be no restriction on the inter-provincial movement of sugar and wheat. It was also decided that a meeting of the four Chief Ministers will be held within the next fortnight to chalk out a long-term strategy for determining sugar prices.