Framework to deregulate sugar industry ordered

Planning Minister Professor Ahsan Iqbal on Wednesday directed developing a medium-term framework for deregulating sugar industry, stressing industries to ensure data uniformity, crop zoning and backward integration. He passed the directives while chairing a meeting of the Prime Minister's Committee on Sugar stocking, forecasting and planning, notified in December last to develop a foolproof system of monitoring and report authentic position of sugar stocks for timely decisions on exports, a news release said. The meeting was attended by Minister for Industries and Production Rana Tanveer Hussain, and Minister of State for Finance Ali Parvez Malik.