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USC opens tenders for procuring sugar

byCustoms Today Report
20/09/2014
in Business
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ISLAMABAD: In order to overcome sugar shortage in all the Utility Stores Corporation (USC) outlets in Pakistan, the USC has opened tenders for procuring sugar.

According to a USC management official, the shortage of sugar at USC outlets was due to non-availability of the commodity and this issue would be handled soon as USC had opened tenders for procuring sugar.

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The official said that after the withdrawal of subsidy on sugar by the government, the Corporation had to raise its price to Rs60 per kilogram which was being sold at Rs65 per kg in the open market.

“Now we have to purchase sugar from the open market instead of from Trading Corporation of Pakistan (TCP), and for this we have given tenders and it is expected that within a week, the required amount of sugar will be procured”, the official added.

Tags: open marketsubsidysugarsugar shortageTCPTrading Corporation of PakistanUSCUtility Stores Corporation

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