Home Business Banaspati Ghee Manufacturers agree to cut price by Rs 8-10

Banaspati Ghee Manufacturers agree to cut price by Rs 8-10

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ISLAMABAD: The advisor to the Prime Minister on Trade Abdul Razaq Dawood has said that price of Banaspati Ghee would be cut by Rs 8-10 owing to the suspension of excel load policy.

In this regard, the negotiations between the commerce ministry and the Pakistan Banaspati Ghee Manufacturers (PBGM) succeeded on Saturday. The manufacturers are ready to cut the price of ghee by Rs 8-10 per kilogramme, he added.

The meeting observed that suspending ‘excel load policy’ has reduced delivery costs of ghee, and its benefit should go to the general public.

“In accordance with the commitment made with the premier, the price of ghee has been reduced,” Mr Dawood claimed.