The Pakistan Vanaspati Manufacturers Association (PVMA) has called on the government to urgently release billions of rupees owed by the Utility Stores Corporation (USC) to ghee and cooking oil producers.Â
These payments have been pending for several months, causing severe financial strain on the industry.
The PVMA warned that the non-payment has disrupted production and raised the risk of plant shutdowns, potentially affecting the supply of essential cooking oils to the market.Â
Despite repeated appeals, no effective action has been taken by the responsible officials, it said.Â
The association urged Prime Minister Shehbaz Sharif and the Special Assistant to the Prime Minister on Industries and Production to intervene immediately and implement a lasting solution. It highlighted that since the government’s closure of USC, a significant amount of capital remains locked as dues for subsidised products have not been settled.
