The federal government has announced a significant reduction in sugar prices at utility stores, lowering the cost to Rs.140 per kilogram. This price cut, according to the latest notification, aims to bring relief to consumers struggling with rising inflation, providing essential goods at more accessible prices.
Previously, sugar was priced at Rs.153 per kg, but recent adjustments saw it brought down to Rs.152, then further reduced to Rs.149, before finally reaching Rs.140 per kg. This cumulative reduction of Rs.13 per kg represents a consistent effort by the government to manage the high costs of essential commodities and support household budgets.
The Ministry of Finance and Utility Stores Corporation issued the notification, emphasizing that this latest adjustment is part of broader government efforts to make key items affordable for the general public. As inflation impacts the cost of daily necessities, the government has been working to subsidize utility store products to shield citizens from economic pressures.
The price reduction aligns with the government’s commitment to providing economic relief by stabilizing prices of everyday goods, especially crucial items like sugar. The move is expected to have a positive impact on consumer purchasing power and ease some of the financial burdens on households across the country.
