| GEO Business|
| This year’s Ramazan to see 3 different rates of sugar|
| Updated at: 1741 PST, Saturday, July 31, 2010|
KARACHI: Sugar will be sold at three different rates to the people during this year’s holy month of Ramazan.
For the first time in the country’s history, government will supply sugar at two different rates while the third rate will be the one prevalent in open market at which people will have to buy sugar after failing to get it at the previous two rates. The third rate will be Rs70 a kilogram or more.
So this Ramazan will witness people struggling to get sugar at Rs55 after standing in long queues before the Utility Stores and in case of failure they will have to head toward ‘Sasta Bazars’. The third and final option will be the open market where they will be sure to get the commodity but at highest rates.
This year’s sugar production was 1.2 million tones less than the country’s requirement. It was in this context that the government decided to import the commodity.