The federal government ought to ban additional export of sugar: Progressive Group.

Lahore (Nut Desk)

The progressive group comprising the members of the Lahore Chamber has expressed concern over the each day growing costs of sugar and demanded the federal government to ban additional export of sugar. The Progressive Group President Khalid Usman, Senior Vice President Muhammad Arshad Chaudhry and the LCCI Govt Committee members Muhammad Ejaz Tanveer and Haji Riaz Ul Hassan in a joint assertion right here on Thursday mentioned that the unbridled rising sugar costs usually are not solely affecting the industries but in addition the widespread man. They claimed that food-related industries, lodges, eating places, drinks and most of all confectionary sector are affected by this and it’s straight eradicating the merchandise associated to those industries from the attain of the widespread man. The leaders of the progressive group additional mentioned that not solely the sugar mafia but in addition hoarders are behind the rising sugar costs and the federal government ought to take strict discover of it. Inflation is already on the rise and it’s affecting the family funds of the widespread man. In addition they mentioned that as a result of unrestrained export of sugar, not solely the costs are growing, but in addition the concern of its scarcity is growing and in such a case the federal government should import sugar which is a loss to the nation’s treasury and burden on nationwide overseas alternate reserves.

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