Who is Authorized to Exercise Legal Control Over Sugar Price Fixation in Pakistan?
There is no doubt that sugar pricing evokes more than mere emotions among Pakistani citizens and industry stakeholders annually. Every crushing season rekindles the debate generated decades ago as to who exactly controls the pricing of this essential commodity. The second largest agro-based industry is a victim of political capture, hoarding, rent seizing, structural defects, administrative inefficiencies and what not; a good deal of credit can be given to the stakes held by politicians motivated by self interest, multiple overlapping and conflicting federal and provincial laws, misreading of ‘rules of businesses’ and the everlasting confusing impact of the Eighteenth Amendment to the Constitution which...
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