The Utility Stores Corporation (USC) has recently raised the price of sugar by Rs. 5, bringing it to Rs. 145 per kilogram, up from Rs. 140. This price hike aligns with the increasing sugar prices in the open market, which have been rising steadily in recent months. However, even with this adjustment, the price of sugar at USC remains more affordable compared to the soaring prices in local markets, where sugar has become significantly more expensive.

Over the past three months, sugar prices in Pakistan have surged by at least Rs. 11 per kilogram, creating financial strain on consumers across the country. This price escalation has prompted the government to take action. In response to the growing concerns, the federal cabinet has formed a dedicated committee tasked with assessing the viability of utility stores nationwide. The committee, led by the Minister for Industries and Production, is expected to deliver a detailed report within a week. 

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While the increase in sugar prices at utility stores may seem modest, the government is keenly aware of the financial pressure it places on citizens, especially those relying on utility stores for essential goods. The committee’s report will play a crucial role in shaping future decisions regarding the functioning and sustainability of these stores, with the goal of ensuring that they continue to provide consumers with affordable options in times of market volatility.

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