Lahore (Nut Desk)
The progressive group comprising the members of the Lahore Chamber has expressed concern over the every day rising prices of sugar and demanded the federal authorities to ban extra 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 proper right here on Thursday talked about that the unbridled rising sugar prices often aren’t solely affecting the industries however as well as the widespread man. They claimed that food-related industries, lodges, consuming locations, drinks and most of all confectionary sector are affected by this and it is straight eradicating the merchandise related to these industries from the attain of the widespread man. The leaders of the progressive group extra talked about that not solely the sugar mafia however as well as hoarders are behind the rising sugar prices and the federal authorities should take strict uncover of it. Inflation is already on the rise and it is affecting the household funds of the widespread man. As well as they talked about that on account of unrestrained export of sugar, not solely the prices are rising, however as well as the priority of its shortage is rising and in such a case the federal authorities ought to import sugar which is a loss to the nation’s treasury and burden on nationwide abroad alternate reserves.
