Pakistan to import one million tons of sugar
Published on: November 05, 2009 at 14:10
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Out of one million tons, 500,000 tons will be refined sugar and the remaining raw sugar, which will be imported in consultation with mill owners.
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According to Pakistan’s agriculture ministry, there was no shortage of sugar because 168,000 tons were available with the TCP which would be released soon. The crisis was because of mismanagement in distribution, it said.
The country will maintain 500,000 tons of sugar as strategic reserve. Utility Stores, BISP and provincial governments have been asked to work closely to streamline sugar supply and distribution system, the ministry added.
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In India, gold is considered as one of the prestigious instruments of investment among the household consumers. Small household units are now becoming potential investors for gold from the key consumers. The demand for consumption purpose is no longer the main driver of demand for the yellow metal, but the systematic investments in retail gold investment options is the latest crush among the small investors in the country. 
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