|
Main Page
|
 |
|
News Channel |
|
Sindh sugar mills yet to pay Rs2.8bn to growers
KARACHI, April 24:
Sugar mills in Sindh have to pay an outstanding
amount of Rs2.8 billion to growers against their
purchase of cane during the current crushing
season.
This was disclosed by the cane commissioner, Sindh,
during a briefing given by him to Sindh Food and
Agriculture Minister Arif Mustafa Jatoi on Friday.
The cane commissioner said that there was
approximately Rs2.8 billion outstanding against
the sugar mills in Sindh as compared to about
Rs3.8 billion, which was outstanding during the
corresponding period last year.
Despite the fact that cane crushed by the mills
this year is 500,000 tons more than the last year,
but there was an improvement in payment to the
growers of around Rs1 billion. The minister
observed that an improvement in payment to the
growers was owing to close coordination between
the growers, industry and the government.
Referring to outstanding dues of the last year,
the minister said that out of 28 sugar mills
operating in Sindh, 22 mills had cleared their
dues at the rate of Rs43 per 40 maund and only
three or four mills had yet to clear their dues.
In order to resolve this issue, the minister
directed the cane commissioner to put up a summary
to the law department, enquiring whether criminal
proceedings could be initiated against these
mills. Mr Jatoi further observed that these
defaulting mills were bringing bad name to the
entire sugar industry by holding back growers'
hard earned money.
The DAWN |
|
|
 |
|
Pakissan.com; Advisory Point
|
|