Fixation of sugar price: Plea to CJP

9 Nov 2009

Hon'ble Chief Justice of Pakistan
Islamabad
Fax: 051-9213452

Your Honour:

As the Chairman of the Good Governance Forum, the Largest, Most Diversified and Most Globally Searched portal, I submit to Your Honour the following recommendations to ease out the present sugar crisis in the country which have only added to the masses' existing bundle of miseries.

1. The Supreme Court may please allow the sugar mills to supply sugar at Rs 47 per kg as originally agreed between the Punjab govt and the sugar mills. The difference between Rs 47 and Rs 40 i.e. Rs 7 per kg may be subsidized by the federal government or the provincial governments for the time being so that the consumer gets the sugar at Rs 40 per kg.

2. The Supreme Court may please direct the federal government to call for the annual Balance Sheet and Profit & Loss accounts of the sugar mills, examine their accounts through accredited chartered accountants, and determine the cost of production of sugar and recommend the profit margin of the manufacturer, wholesaler and retailer to the Supreme Court within 4 weeks for refixation of price.

3. The federal government may recover the extra amount of Rs 7 per kg from the sugar mills if the prices are refixed at lower than Rs 47 per kg after the exercise conducted under point 2 above.

Submitted for immediate consideration and directive.

Cordially,


Mumtaz A. Piracha
Camp Islamabad