Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Sugar sector could face full de-regulation soon

byCT Report
18/12/2025
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: A plan to fully deregulate Pakistan’s sugar sector has been finalized and will soon be presented to the prime minister.

The National Assembly Standing Committee on National Food Security expressed serious concern over delays in sugarcane crushing and sharp fluctuations in sugar prices, which are affecting farmers’ incomes.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

The committee reviewed the ongoing crushing season and the proposed sugar sector deregulation framework. Chairman Syed Hussain Tariq noted that sugarcane prices had dropped sharply after harvesting began, despite being around Rs. 470 per maund earlier. He warned that delays in crushing were directly harming farmers.

Officials from the Ministry of National Food Security said the deregulation plan is in its final stage. The committee, led by Awais Leghari, held eight meetings and prepared a detailed framework for submission to the prime minister. Under the policy, the sugar sector will operate without government controls, while the Sugar Advisory Board will continue to protect farmers’ interests. A meeting of the board is scheduled for next week.

So far, up to 11 million tons of sugarcane have been crushed nationwide. Officials acknowledged that some mills in Sindh have not submitted their crushing reports. Syed Hussain Tariq added that only 12 percent of crushing had been completed by mid-December, and from January, sugarcane weight would decline if delays continue.

The chairman accused sugar mills of initially raising prices to encourage harvesting, then deliberately slowing operations to push prices down. Meanwhile, Punjab’s Secretary Food said all mills in the province are fully operational and actively engaged in sugarcane crushing.

The full deregulation of the sugar sector is expected to stabilize prices, ensure timely payments to farmers, and allow sugar mills to operate freely under market conditions.

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

IMF rejects FBR request for immediate removal of 18% GST on contraceptives, sanitary pads

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.