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Punjab starts seizing sugar from mills to sell at notified rate
Business
April 6, 2021
LAHORE: The Punjab government has started seizing stocks from mills to sell the sweetener in the market at notified rates, following manufacturers’ refusal to reduce sugar price, official sources confirmed on Monday.
“We confiscated 500 tons from Macca Sugar Mills on Monday in first ever raid on premises of manufacturers,” said a senior official of the provincial Food Department. The official said that despite clear instructions by the government, no stock of sugar was supplied by mills in the market. “Therefore, we are left with no option but to take action as per law.”
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