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The Price Control Committee has expressed its serious concern over artificial hike in the prices of sugar and it has also been decided to undertake severe crackdown against hoarders, illegal profiteers and those found involved in creating artificial price-hike. In this connection, a meeting was held on Thursday which was chaired by Punjab Industries and Trade Minister Mian Aslam Iqbal. The meeting reviewed prices of essential commodities and performance of price control magistrates. Provincial Minister Nauman Akhtar Langrial, Samiullah Chaudhry, Spokesman Punjab government Dr Shahbaz Gill, Muhammad Akram Chaudhry and secretaries of concerned departments also participated in the meeting while commissioners and deputy commissioners of the province also participated via video link in the meeting.

While addressing the meeting, Mian Aslam Iqbal said that those found involved in exploiting the poor people should be behind the bars. "Implementation on laws will have to be ensured by getting out in field without wasting further time. Those found involved in inflation and hoarding do not deserver any concession and will be dealt with an iron hand," he added.

The Minister directed that price control magistrates, officers of market committees and concerned departments should perform their duties with devotion. "The process of auction in open markets and wholesale markets should be monitored with the help of modern technology. It is need of time to transform the system of market committees and make it more vibrant and useful and will have to move forward by carving out effective price mechanism system of essential commodities," he added. During the meeting different options were reviewed regarding ascertaining the prices of essential commodities, monitoring system, improving price control mechanism, making market committees and price control magistrates more proactive and vibrant.

Secretary Industries and Trade Tahir Khursheed gave a briefing about the prices of sugar, flour, ghee and other essential edibles. He also informed about the current prices of 'roti' and 'naan'.

Copyright Business Recorder, 2019


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