Money from rise in sugar prices is going to the govt, not me: PTI's Jahangir Tareen

Published July 2, 2019
Pakistan Tehreek-i-Insaf (PTI) leader Jahangir Khan Tareen (left) on Tuesday said that the money from the rise in sugar prices was going to the government. — DawnNewsTV
Pakistan Tehreek-i-Insaf (PTI) leader Jahangir Khan Tareen (left) on Tuesday said that the money from the rise in sugar prices was going to the government. — DawnNewsTV

Pakistan Tehreek-i-Insaf (PTI) leader Jahangir Khan Tareen on Tuesday said neither he nor the sugar mills in the country would benefit from the government's increased tax on sugar in the new budget.

"The money from the rise in sugar prices will not go to me or to the sugar mills — it is going to the government," said the former PTI secretary general while addressing a press conference on the Prime Minister's Agriculture Emergency Programme along with Federal Minister for National Food Security and Research Sahibzada Mohammad Mehboob Sultan.

Tareen, in response to a question, said: "This is a big misconception that people are spreading."

He said that any additional revenue for an increase in sugar prices was going to the government, not the private sector.

The government in its budget for 2019-20 increased the tax on sugar from 11 per cent to 17pc, saying the move would result in a mere increase of up to Rs3.5 per kilogram.

PTI leader and former finance minister Asad Umar, however, had asked his party's government to reconsider the increased tax on sugar and cooking oil in the federal budget. Umar had also called for an investigation as to why sugar prices are on the rise.

During the press conference today, Tareen also responded to a question regarding his role in the government: "I do not hold a position," he said, adding that the Supreme Court's verdict regarding his disqualification had stated that he could not do so.

Tareen was disqualified on December 15, 2017, for the misdeclaration under Article 62(1)(f) of the Constitution — the same provision under which former prime minister Nawaz Sharif was held ineligible for life to hold any public office over the Panama Papers leaks case.

The PTI leader said that if he is called for advice, he would provide it, adding that Sahibzada Sultan had earlier told the press that he had invited Tareen himself.

Tareen said that Prime Minister Imran Khan had given him the responsibility for the agriculture emergency programme and he had also given the cabinet a briefing on the matter.

Later, during the press conference, the federal minister for national food security and research reiterated that Tareen was sitting at the press conference on his request.

Sultan said that it was his third term in politics and he had never seen anyone who understood the agricultural sector in Pakistan better than Tareen.

According to Sultan, previous governments had only thought about themselves, claiming that this was the first government that was "only thinking about the people of the country".

During the press conference, the PTI leaders shared information regarding the Prime Minister's Agriculture Emergency Programme. According to Radio Pakistan, the government announced a Rs309 billion programme was the uplift of the agriculture sector. The leaders said that the four-year programme was prepared on the instructions of the premier and includes 13 projects in farming, fisheries and livestock, the report added.

Additionally, they added that the projects would be approved by the Executive Committee of the National Economic Council (Ecnec) in July and after two weeks "practical work" on the project would begin.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Predatory taxation

Predatory taxation

Without fundamental rethink and reset, Pakistan’s catastrophic tax regime will drive the country's already shrinking formal sector towards extinction.

Editorial

Victim complex
Updated 20 Mar, 2025

Victim complex

If New Delhi is sincere about bringing peace to South Asia, let it agree to an unconditional dialogue with Islamabad about all irritants.
LSM decline
20 Mar, 2025

LSM decline

THE slump in large-scale manufacturing amidst the adjustments the economy is forced to make in order to stay afloat...
Education interrupted
20 Mar, 2025

Education interrupted

THE sudden closure of major universities in Balochistan, ostensibly due to ‘security concerns’, marks another...
Genocide resumes
Updated 19 Mar, 2025

Genocide resumes

It appears that Palestinian people will again be left defenceless in the face of merciless brutality.
Strength in unity
19 Mar, 2025

Strength in unity

WILL it count as an opportunity lost? Given the sharp escalation in militant violence in recent weeks, some had ...
NFC weightage
19 Mar, 2025

NFC weightage

THE NFC Award has long been in need of an overhaul. The government’s proposal to bring down the weightage of...