Competition Commission of Pakistan (CCP) found fertiliser sector did not pass Rs152bn gas subsidy benefits to consumers, revealing high profits and urging action against manufacturers for collusive pricing.
Competition Commission of Pakistan (CCP) found the fertiliser sector did not pass Rs152 billion gas subsidy benefits to consumers. The investigation revealed that fertiliser sector giants' profits run into billions, and urged action against fertiliser manufacturers for alleged collusive pricing. Fertiliser is a significant input for agriculture, accounting for 207 kg per hectare on average.
April 06, 2024
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