Punjab to start sugarcane crushing season from October 28


Sugar mills in Punjab will begin crushing season for the yr 2023-24 from October 28.

Sources near the Punjab cane commissioner stated the caretaker authorities has directed the sugar mills to start out crushing the sugarcane from October 28 as delay will finally improve the value of sugar.

The value of sugar will fall under Rs140kg, if the crushing begins in October, the sources stated and added that the cane commissioner has vowed to not give freehand to sugar mills.

In the meantime, the sugar mills have sought time till November 28.

Earlier on September 8, the Punjab authorities has supplied the Federal Investigation Company (FIA) with a listing of 13 sellers allegedly concerned within the illicit commerce of sugar.

In accordance with the small print, the Punjab Meals Division assisted FIA with a listing of 13 sellers – who had been allegedly concerned within the illicit commerce – claimed that these sellers representing numerous sugar mills and together with the mill house owners stand accused of synthetic hikes within the worth of sugar starting from Rs 90 to Rs 180 per kg.

The meals division laid declare that these sellers established a cartel, and made billions of rupees in income whereas leaving the frequent residents and bonafide companies at a drawback.

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