Who Will Control the Sugar Mafia?

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The sugar mafia is causing chaos yet again, sending prices soaring and hitting consumers hard. In just 20 days, the cost of sugar has spiked from Rs115 to Rs125 at the mill, with retailers charging as much as Rs140 per kg. This exploitation is putting a strain on people’s wallets.

For years, Pakistan’s sugar industry has been a lucrative business for the well-connected, including many politicians. The sector, dominated by powerful mill owners, has a reputation for underhanded dealings and manipulative actions. They are always looking to squeeze out more money from the already struggling population, prioritizing profit over people.

What’s concerning about this situation is the timing. Normally, during the crushing season, sugar prices stabilize. Instead, consumers are hit with even higher prices. Reports of production shortages circulating in the market don’t seem trustworthy, likely an attempt to create an artificial scarcity and drive prices up.

The government’s approval of exporting 500,000 tonnes of sugar while insisting there was enough stockpiled has raised eyebrows. Originally, there were promises to revoke export permits if the domestic market was affected, but prices surged before any sugar left the country. This has led to questions about market manipulation and government oversight.

The blame is not solely on the sugar barons but also on the government’s inaction. Despite warnings, exports proceeded, and price promises were unkept. The public is rightfully concerned about who will safeguard their interests.

The solution is clear but requires political will. The government must stop further sugar exports, ensure domestic needs are met, and address any false claims about production shortfalls quickly. A transparent, effective regulatory system must be established to monitor the sugar industry.

This crisis isn’t just about sugar; it’s about justice. The unchecked greed of the sugar mafia has exposed systemic flaws, allowing the wealthy to profit unfairly while the poor suffer. It’s time for the government to act decisively, resolving the issue instead of offering empty promises.

Gulab Umid
Turbat

Published in Dawn, December 21st, 2024

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