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Friday, October 02, 2009 E-Mail this article to a friend Printer Friendly Version

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SC proposes separate body to set sugar prices

* Comments sought from all stakeholders

By Masood Rehman


ISLAMABAD: The Supreme Court proposed on Thursday that a separate commission be formed to set the prices of sugar across the country, sought comments from all parties involved, and ordered the sale of sugar at Rs 40 a kilogramme until the final report by the proposed commission.

A three-member bench –headed by Chief Justice Iftikhar Muhammad Chaudhry – was hearing petitions challenging the Lahore High Court (LHC) verdict that set sugar prices at Rs 40 a kilogramme.

The court suggested that Competition Commission of Pakistan Chairman Khalid Mirza form the commission to set sugar prices. “We will be supervising the commission,” said the chief justice.

“You will have to sell sugar at Rs 40 per kilogramme until the submission of the report by the proposed commission,” said the chief justice. The court also took serious notice of the position taken by the federal and provincial governments on sugar prices. The court admonished the Pakistan Sugar Mills Association (PSMA) for tabling forged documents in court about an association meeting on the sugar crisis. A notice was served on the acting PSMA president for an explanation on the forged documents.

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