logo
Commissioners, DCs directed to ensure ex-mill price of sugar

Commissioners, DCs directed to ensure ex-mill price of sugar

KARACHI: Chief Secretary Sindh, Asif Hyder Shah has issued strict instructions to all Commissioners and Deputy Commissioners to ensure that the ex-mill price of sugar remains capped at Rs 165 per kilogram.
Chairing a meeting to review key issues related to sugar and wheat prices, distribution of Sanads to flood-affected families under the Sindh People's Housing for Flood Affectees (SPHF) program, and monsoon preparedness, he further directed that retail prices must not exceed an additional Rs. 8 above the ex-mill price, meaning the maximum retail price should be Rs. 173 per kilogram.
He emphasized that any violation of this pricing structure must be dealt with strictly. If retailers are found charging beyond the fixed price, immediate action must be taken against them. Moreover, if any sugar mill is found selling sugar above the notified ex-mill rate, its data will be compiled and shared with the Prime Minister's Office for further action.
The meeting also received a detailed briefing on the current ex-mill and retail prices of sugar across various districts of the province. The meeting was attended in person by the Secretary Agriculture, Secretary Food, Secretary Implementation & Coordination (I&C), and Secretary Land Utilization. All Commissioners and Deputy Commissioners across Sindh participated in the meeting via video link.
Regarding wheat stock management, the Chief Secretary instructed all Commissioners to conduct a thorough survey of wheat godowns managed by the Sindh Food Department. The survey must focus on the quality and condition of stored wheat. The Commissioners have been directed to submit their inspection reports within three days.
Distribution of Sanads to Flood Affectees
The Chief Secretary also reviewed the status of Sanads (ownership documents) prepared for distribution among the flood-affected populations under the Sindh People's Housing for Flood Affectees (SPHF) initiative. He directed all Deputy Commissioners to submit updated records of prepared Sanads without delay. Additionally, the CEO of SPHF was instructed to reconcile Sanad data with the respective DCs to ensure transparency and accuracy in the distribution process.
Monsoon Preparedness
Highlighting the upcoming monsoon season, Chief Secretary Asif Hyder Shah instructed all Deputy Commissioners to remain fully prepared for any eventualities. He assured that funds will be released to each district administration to support necessary preparations and emergency response mechanisms ahead of the monsoon rains.
The Chief Secretary concluded the meeting by emphasizing coordinated efforts, timely action, and transparent governance at all administrative levels to ensure public welfare and effective service delivery across Sindh.
Copyright Business Recorder, 2025
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

PMI streamlines local operations: PMPKL takes steps to delist from PSX
PMI streamlines local operations: PMPKL takes steps to delist from PSX

Business Recorder

time23 minutes ago

  • Business Recorder

PMI streamlines local operations: PMPKL takes steps to delist from PSX

KARACHI: Philip Morris (Pakistan) Limited (PMPKL), the local arm of global tobacco giant Philip Morris International (PMI), has formally taken steps to delist from the Pakistan Stock Exchange (PSX), signaling a major shift in its corporate strategy. The move, aimed at consolidating operations and enhancing group-level efficiency, has reached a critical stage with the company's buyback offer now disclosed in line with voluntary delisting requirements. In a notice issued to the Pakistan Stock Exchange, PMPKL reiterated that the delisting proposal was first approved by its Board of Directors at a meeting held on March 25, 2025, in Karachi. Under Rule 5.14 of the PSX Voluntary Delisting Rules, the board resolved to initiate the delisting process. As part of this transition, Philip Morris Investments B.V., the company's majority shareholder and sponsor, has committed to buying back 1,444,931 shares from minority shareholders at the price of Rs 1300 per share. Philip Morris Brands SARL, the co-sponsor, will retain its shareholding in the now private entity. This move marks a significant milestone in the journey of PMPKL, which originally entered the Pakistani market by acquiring Lakson Tobacco Company Limited, subsequently rebranding to its current identity on February 25, 2011. The company is engaged in the manufacture and sale of cigarettes and tobacco products, and has operated under the banner of one of the world's leading tobacco firms. Analysts noted that the intended delisting reflects a broader trend among multinational entities reassessing the viability and regulatory landscape of public listing in emerging markets. The move, once completed, will make Philip Morris Pakistan a privately held company again — allowing its sponsors more direct operational control in a challenging regulatory and fiscal environment. Market observers view the step as part of a global realignment by PMI to optimize capital structures and reduce reporting burdens across its emerging market entities. Copyright Business Recorder, 2025

Rs80m for Shehbaz Road Sewerage Line approved
Rs80m for Shehbaz Road Sewerage Line approved

Business Recorder

time2 hours ago

  • Business Recorder

Rs80m for Shehbaz Road Sewerage Line approved

LAHORE: The Punjab government has approved funding of Rs 80 million for the Shehbaz Road Sewerage Line project, and a tender for the project will be issued in August. This was disclosed during a meeting of the Water and Sanitation Authority (WASA) chaired by its Vice Chairman Chaudhry Shahbaz Ahmed on Thursday. A detailed discussion also took place regarding various aspects of the Shehbaz Road Sewerage Line project. The project will involve laying a new sewerage line approximately 5,000 feet long, using pipelines with diameters of 36 inches and 24 inches. The neighbourhoods of Bhagatpura, Yathrib Colony, Elahi Town and other adjacent areas will benefit from this development. On this occasion, the Vice Chairman directed the officials present in the meeting to begin the work on the project immediately after the monsoon season. He also emphasised that the local population should be informed in advance to minimise any inconvenience during the construction phase. Copyright Business Recorder, 2025

Firm trend seen on cotton market
Firm trend seen on cotton market

Business Recorder

time2 hours ago

  • Business Recorder

Firm trend seen on cotton market

LAHORE: The local cotton market on Thursday remained steady and the trading volume remained satisfactory. Cotton Analyst Naseem Usman told Business Recorder that the rate of new cotton in Sindh is in between Rs 16,100 to Rs 16,300 per maund and the rate of cotton in Punjab is in between Rs 16,300 to Rs 16,600 per maund. The rate of Phutti in Punjab is in between Rs 6,900 to Rs 7,500 per 40 kg and the rate of Phutti in Sindh is in between Rs 6,800 to Rs 7,500 per 40 kg. The rate of cotton in Balochistan is in between Rs 16,100 to Rs 16,300 per maund. The rate of Phutti in Balochistan is in between Rs 7,000 to Rs 7,400 per maund. Approximately, 1000 bales of Sanghar were sold in between Rs 16,200 to Rs 16,250 per maund, 400 bales of Shahdad Pur were sold at Rs 16,200 per maund, 800 bales of Hasil Pur were sold in between Rs 16,300 to Rs 16,450 per maund, 400 bales of Peer Mahal, 200 bales of Noor Pur Noranga, 800 bales of Tounsa, 400 bales of Lodhran were sold at Rs 16,450 per maund, 400 bales of Ahmed Pur were sold at Rs 16,400 per maund, 200 bales of Layyah were sold at Rs 16,475 per maund, 400 bales of Gojra, 400 bales of Muridwala were sold at Rs 16,200 per maund, 1000 bales of Winder were sold at Rs 16,100 to Rs 16,150 per maund. The Spot Rate remained unchanged at Rs 16,300 per maund. Polyester Fiber was available at Rs 330 per kg. Copyright Business Recorder, 2025

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store