Islamabad:
Planning Minister Prof Ahsan Iqbal on Wednesday directed to prepare a medium-term framework for deregulating the sugar industry, urging industries to ensure uniformity of data, crop zoning and backward integration.
He issued the directive while chairing a meeting of the Prime Minister’s Committee on Sugar Storage, Forecasting and Planning, which was notified last December to establish a foolproof monitoring system, a news release said. can be prepared and report the authentic position of sugar reserves for timely decisions on exports.
Industry and Production Minister Rana Tanveer Hussain and Minister of State for Finance Ali Pervez Malik attended the meeting.
A senior member of Pakistan Sugar Mills Association briefed the minister that availability of accurate data has been a constant problem for the association over the years. has been He acknowledged the role of the FBR as it had partnered with the Sugar Mills Association for the first time last year to review the data. What was the work? He suggested taking data from one source to maintain accuracy.