The government’s ‘lopsided’ surveillance mechanism, the alleged sugar cartel and above all hoarding have caused around Rs20 per kilo increase in the price of the sweetener in the last 15 days alone. AFP/File
LAHORE: The government’s ‘lopsided’ surveillance mechanism, the alleged sugar cartel and above all hoarding have caused around Rs20 per kilo increase in the price of the sweetener in the last 15 days alone, leaving the inflation-stricken people with no option but to buy the commodity at higher rates.
“Two or three weeks back, the price of sugar (powdered form) imported by the government was about Rs82 or so. It gradually jumped first to Rs85, Rs87 and then 90 in the retail market. Later, at several shops, this powdered sugar disappeared and was replaced with the locally produced cubic sugar which, at most of the shops, is currently being sold for Rs90 to 100,” a customer standing at a shop in Johar Town told