Prime Minister Shehbaz Sharif has reiterated the government’s commitment to ensuring sugar remains affordable for the public while boosting revenue collection through advanced technology. Speaking at a review meeting in Lahore, he highlighted the need for digitization and video analytics to enhance transparency and eliminate malpractices in key industries, with a focus on the sugar sector.
Video Analytics to Bolster Revenue Collection
During the meeting, the Prime Minister reviewed progress on the installation and monitoring of video analytics systems in the sugar industry. He emphasized that these systems are vital to increasing revenue collection, preventing hoarding, and stabilizing sugar prices. He directed relevant authorities to ensure strict implementation of strategies designed for revenue enhancement.
“The integration of video analytics will transform the way we monitor production and revenue,” he stated. “This technology will eliminate inefficiencies and secure the public’s right to fair pricing.”
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Advancing Federal Board of Revenue Digitization
The Prime Minister underscored that the digitization of the Federal Board of Revenue (FBR) is one of the government’s top priorities. He noted that digitizing the FBR value chain would not only boost revenue collection but also save billions of rupees for the national treasury.
He instructed officials to expedite the digitization process, stressing the need to bring tax evaders into the tax net and warning of strict action against non-compliance. The move aims to create a more transparent and equitable tax system while improving the overall performance of the FBR.
Broader Applications for Video Analytics
Shehbaz Sharif also extended the directive for video analytics to other sectors, such as the cement and tobacco industries. He highlighted the importance of monitoring these key industries to ensure compliance and eliminate irregularities.
“These measures are not limited to the sugar industry,” he said. “We aim to apply the same technology to other crucial sectors to promote transparency and accountability.”
Ensuring Affordable Sugar Prices
The Prime Minister reaffirmed the government’s resolve to ensure the availability of sugar at affordable rates. He acknowledged the economic pressures faced by the public and stressed the importance of stabilizing prices through effective measures.
“Our priority is the welfare of the people,” Secondly he asserted. “We will take every step necessary to make essential commodities affordable and accessible to all.”
A Comprehensive Approach to Economic Reform
The government’s focus on technology-driven solutions reflects its broader agenda for economic reform. By integrating video analytics and fast-tracking digitization efforts, the administration aims to enhance revenue collection, curb tax evasion, and create a more transparent economic framework.
Prime Minister Shehbaz Sharif’s directives signal a decisive step toward achieving these goals. With a strong emphasis on technology and strict compliance measures, the government is laying the foundation for a more sustainable and equitable economic future.
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