Sugarcane growers are still to be paid Rs 11 billion for the commodity bought last year ahead of the fast approaching crushing season this year, sources told Business Recorder on Wednesday.
Although members of Pakistan Sugar Mills Association (PSMA) claimed that at least 90 percent of payables amounting to Rs 235 billion had so far been cleared, growers were still waiting for the rest of the payment owed by PSMA.
Meanwhile, sugar millers praised the government's decision to allow them to export 300,000 tons of sugar. They said that the government should also allow export of another 100,000 tons, adding that it would earn the country another $50 million. Sources said that the country earned more than $200 million against the export of 300,000 tons of sugar during the previous crushing season ended in April this year.
Sugarcane growers still to be paid