Sugar and cane short­age

The Pak Banker - - 4editorial -

Pak­istan is the sixth biggest sug­ar­cane pro­ducer in the world but is ranks 15th both in cane and sugar yield. The peo­ple of the Pak­istan are fac­ing acute sugar short­age and forced to buy the com­mod­ity at high rate de­spite Pak­istan is a cane pro­duc­ing coun­try and self-suf­fi­cient in com­modi­ties like sugar, wheat, cot­ton and rice etc. But un­luck­ily due to poor gov­er­nance by all the pro­vin­cial gov­ern­ments, the sit­u­a­tion could not be han­dled and short­age of sugar, wheat and other com­modi­ties grow­ing day by day. Big busi­ness­men, ex­porters, hoard­ers whose are the re­spon­si­ble of this crit­i­cal sit­u­a­tion. Most of the fine com­mod­ity is be­ing ex­ported, de­spite huge ex­ports there is suf­fi­cient stocks of sugar to meet the need but short­age is be­ing cre­ated ar­ti­fi­cially. Hoard­ers are busy in mint­ing money from the in­no­cent pub­lic. The yard of Asia's biggest sugar mill, the Premier Sugar Mill, Mar­dan and roads sur­round­ing it, that would have mile-long queue of cane-car­ry­ing trol­leys and trucks a few years ago, has only a few of them. The mill is get­ting a paltry sup­ply of cane. Of­fi­cials at the PSM say they in­creased the price of cane and en­sured prompt pay­ment, ex­pect­ing that the two mea­sures would im­prove cane sup­ply po­si­tion to the mill but the grow­ers did not re­spond. They main­tain that the PSM in­creased cane price from sup­port price of Rs125 to Rs240 per 40kg to re­ceive bet­ter sup­plies. Govern­ment should fo­cus this sec­tor for the wel­fare of the masses but why they fo­cus on this sec­tor be­cause most of sugar mills are owned by the govern­ment high of­fi­cials sit­ting in the par­lia­ment and se­nate. Farm­ers and grow­ers should be en­cour­aged to en­hance the pro­duc­tion but less pro­duc­tion is not is­sue, the is­sue is that com­mod­ity in huge quan­tity be­ing ex­ported abroad to de­prive the coun­try­men. Against it the gur-mak­ers are al­leged to have pur­chased stand­ing crops from farm­ers and made ad­vance pay­ments to them for the gur they pro­duce. To get ad­e­quate sup­plies, the sugar millers will have to en­ter into con­tracts with farm­ers for pur­chas­ing their crop at fixed/bet­ter price, and a surety for prompt even ad­vance pay­ments.

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