No Result
View All Result
Tuesday, July 1, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Mahira Khan

    Mahira Khan speaks out against India’s restrictions on Pakistani artists

    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Mahira Khan

    Mahira Khan speaks out against India’s restrictions on Pakistani artists

    File photo

    Post-mortem report of Shefali Jariwala reveals heart attack as cause of death

    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

Govt to import sugar, cotton from India: Hammad Azhar

MM News Staff by MM News Staff
April 3, 2021
: Hammad Azhar

ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has allowed the private sector to import 0.5 million tonnes of white sugar from India, said Finance Minister Hammad Azhar.

Addressing a press conference in Islamabad, the finance minister added that the country will also import cotton from India starting from end-June this year.

A statement by the Finance Division said the ECC has allowed the commercial import of white sugar from India up to 500,000 metric tonnes till June through land and sea routes. It said the decision would be time and cost effective and would also stabilize the prices of sugar in the domestic markets.

The minister said sugar trade was being re-opened with India this year because of the difference in prices in the neighbouring country. He said the government estimated a difference of 15-20 percent in sugar prices in India as compared to Pakistan.

Finance Minister Hammad Azhar also Pakistan has successfully raised $2.5 billion through Eurobond and had received bids for $5 billion. He said the present government which brought the current account deficit and the primary account to surplus.

He said the Economic Coordination Committee has fixed the wheat support price at 1800 rupees per forty kilogram to provide relief to the farmers.

Hammad Azhar said it has also been decided to import five hundred thousand tonnes of sugar from India to improve the supply situation and to provide direct benefit to the common man.

Keeping in view the demand of Cotton, the Finance Minister said the ECC on the proposal of Ministry of Commerce has accorded approval for the import of cotton from India by the end of June.    

He said that there was a high demand for it because Pakistan’s textile exports had increased but last year’s cotton crop was not good.

The Finance Minister said the government is fully cognizant of the problems faced by the people due to price hike and is working day and night to overcome this issue with the close coordination of the provincial governments. 

The ECC also approved the wheat procurement targets of Pakistan Agricultural Storage and Supplies Corporation (Passco) and the provincial food departments. It also allowed the import of 3MMT of wheat by the Trading Corporation of Pakistan and the private sector.

Tags: cottonECCfinance ministerHammad Azharsugar
ShareTweetSendShare
Previous Post

PM Imran directs to bring down prices of food items during Ramazan

Next Post

Pakistan receives first batch of 500,000 COVID-19 vaccines from China

Related Stories

File photo
Uncategorized

No Pakistani university among top 350 in QS 2026 rankings

July 1, 2025
File photo
Uncategorized

Sharjeel announces 4,400 new teaching jobs in Sindh

July 1, 2025
Screen grab
Uncategorized

VIDEO: Lahore teacher passes away after suffering heart attack during lecture

July 1, 2025
NADRA logo
Uncategorized

NADRA announces major services update for citizens

July 1, 2025
File photo
Daily Buzz

Mehr Bano opens up about harassment in the entertainment industry

June 30, 2025
Photo credit Express News
Uncategorized

US woman travels to Pakistan for her online lover

June 30, 2025
File photo
Uncategorized

Pakistan elected UNIDO president first time ever

June 30, 2025
File photo
Uncategorized

Sanam Javed gets bail in anti-state remarks case

June 30, 2025
Justice Sardar Muham­mad Sarfraz Dogar
Uncategorized

Justice Dogar notified as senior-most IHC judge in revised seniority list

June 29, 2025
File photo
Business & Stock

FBR, banks to share data to curb tax evasion

June 26, 2025
Next Post
Pakistan receives another batch of Sinopharm vaccine

Pakistan receives first batch of 500,000 COVID-19 vaccines from China

Trending Stories

File photo
Uncategorized

No Pakistani university among top 350 in QS 2026 rankings

by MM News Staff
July 1, 2025
File photo
Fashion & Music

Glastonbury artists under investigation for anti-Israel chants during performances

by MM News Staff
July 1, 2025
File photo
Crime

Sindh govt to introduce traffic courts, hike fines sharply

by MM News Staff
July 1, 2025
South China Morning Post
Top News

China’s “Blackout Bomb” shocks the world over new electromagnetic warfare capabilities

by MM News Staff
July 1, 2025
File photo
Crime

Crackdown launched to curb fake news during Muharram 2025

by MM News Staff
July 1, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

(File Photo)
Top News

Weather forecast for Karachi today

by MM News Staff
June 30, 2025

The Pakistan Meteorological Department (PMD) has predicted partly cloudy and humid weather for Karachi...

Rain

Monsoon showers hit Karachi, more rain expected in coming hours

June 28, 2025
file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
See all

Prices

(File)
Business & Stock

Gold price records massive increase of Rs6,600 per tola

by MM News Staff
July 1, 2025

Gold prices in Pakistan witnessed a massive increase on Tuesday, echoing upward trends in...

Foreign Currency Rates

Foreign currency exchange rates in Pakistan, 1 July 2025

July 1, 2025
Gold Prices

Gold prices surge in Pakistan, following global uptrend

July 1, 2025
Petroleum Price in Pakistan

Petrol price in Pakistan sees major hike amid inflation pressure

July 1, 2025
See all

Transport News

File photo
Transport

BRT Peshawar increases bus fares

by MM News Staff
July 1, 2025

The Peshawar Bus Rapid Transit (BRT) service has increased its fares, effective from today...

Dubai's flying taxi completes first test flight. (Image: Khaleej Times/: Neeraj Murali)

Dubai successfully tests first flying taxi flight

July 1, 2025

Parking is now free of charge on 46 major roads in Karachi

July 1, 2025
(APP)

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

June 29, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.