Sindh govt fixes sugarcane price at Rs182 per 40 kg

December 5, 2017
Published in Economy

KARACHI: The Sindh government Tuesday has fixed sugarcane price at Rs180 per 40 kilogram for crushing session 2017-18.

According to a notification the price is fixed by the Sindh Agriculture, Supply and Prices Department with the approval of competent authority.

The sugar factories in the province are directed to pay quality premium to the cane growers at the end of the crushing season 2017-18 at the rate of fifty paisa per 40 kilogram, cane for each 0.1 percent (including fraction thereof to be calculated prorate) of excess sucrose recovery above 8.7 percent determined on over all sucrose recovery basis of each mill.

However, as the matter is pending in Supreme Court and as per decisions of federal government, steering committee, meeting held on 16-07-2007, the quality premium shall remain suspended till decision of the apex court/ consensus on uniform formula is developed at the federal government, the notification added. – AGENCIES


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Story first published: 5th December 2017

 

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