ISLAMABAD: The government-run utility store corporation (USC) on Tuesday jacked up the price of sugar by Rs8 per kg.
Earlier this mont, the USC was facing a shortage of sugar and the sources claimed that efforts were underway to purchase 40 thousand tons of sugar.
According to sources knowing the matter, the Utility Stores Corporation (USC) has increased the price of subsidized sugar by Rs8 per kg, with immediate effect.
With the increase the price of sugar for the general public has reached Rs155 per kg while the commodity would be sold at Rs109 per kg to the individuals registered in Benazir Income Support Program (BISP), the sources said.
Earlier, the sugar was being sold at Rs101 at the utility stores corporation.
Separately, a major crackdown against hoarders across the country is going on so far 6,994 metric tons of sugar has been recovered.
According to the data, A total of 5,112 metric tons of fertilizer, 2,366 metric tons of flour, and 6,994 metric tons of sugar have been recovered across the country, while 31.75 metric tons of fertilizer and 4.535 metric tons of sugar were retrieved from the largest province of Pakistan, Punjab. –Agencies
