Minister Says Crackdown On Hoarders, Profiteers To Be Intensified
Muhammad Irfan 6 days ago Thu 08th April 2021 | 08:19 PM

Punjab Minister for Industries and Trade Mian Aslam Iqbal Thursday chaired a price control meeting, and announced that an indiscriminate crackdown on hoarders and profiteers would be intensified
LAHORE, (UrduPoint / Pakistan Point News - 8th Apr, 2021 ) :Punjab Minister for Industries and Trade Mian Aslam Iqbal Thursday chaired a price control meeting, and announced that an indiscriminate crackdown on hoarders and profiteers would be intensified.
The meeting, held here at Civil Secretariat, reviewed availability of essential commodities in the market and their prices before the arrival of Ramazan. The meeting also looked into various issues relating to the arrangements made for establishment of Ramazan bazaars across the province to facilitate consumers.
The minister said the administrative officers should work actively to prevent profiteering and hoarding, besides ensuring sale of sugar, ghee, flour and other essential commodities at the government fixed rates throughout the province. He warned that sale of food items over and above the fixed prices would be intolerable and strict action would be taken against those who did not display price lists at their shops' prominent places.
Mian Aslam Iqbal said a Ramazan package of Rs 7 billion was being given to provide substantial relief to people during Ramazan.
As many as 313 Ramazan bazaars would be set up across the province, which would be opened on 25th of Sha'ban, where fruit, vegetables, lentils, basin, dates and other essentials items would be available at the rates of year 2018.
In Ramazan bazaars, he added, a bag of 10kg flour would be available for Rs 375, while ghee, chicken and eggs would also be available for Rs 10-15 less price compared with the open markets. He said the quality, supply and prices of edibles would be monitored in Ramazan bazaars with the help of modern technology and implementation of Corona standard operating procedures (SOPs) would also be ensured.
The Punjab chief secretary, attending the meeting, directed the officers concerned that the best arrangements should be made for convenience of consumers in Ramazan bazaars. The availability and prices of essential commodities should be closely monitored, he said.
Secretary Industries and Commerce, DG Industries, Commissioner Lahore Division and officers concerned attended the meeting.
Commissioners from across the province attended the meeting via video-link.
Related Topics
Recent Stories

Spot rates of cotton (Crop 2020-21)

Fehmida proposes agriculture loan program to facil ..

PM Imran Khan lays foundation-stone of low-cost ho ..

Russian Upper House OKs Bill Obligating Election C ..

In Moscow, urban renewal leaves artists out in the ..

Right to self-determination only solution, say ban ..
More Stories From Business
-
Ryanair loses in EU court over rivals' bailouts
14 minutes ago -
Tractor production surge 57% in 9 months of FY 2020-21
49 minutes ago -
Brazil's Oil Supply Recovery Might Be Hampered by High COVID-19 Infection Levels - IEA
52 minutes ago -
Hong Kong shares close higher 14 april 2021
1 hour ago -
Turkey's Borsa Istanbul up at midweek open
1 hour ago -
Industrial output grew by 7.45 percent in 08 monts
1 hour ago -
Traders of SAARC region urged to reduce 50 percent profit during Ramzan
2 hours ago -
IEA Upgrades Oil Demand Growth Forecast for 2021 by 230,000 Barrels a Day - Report
2 hours ago -
Central China city launches new China-Europe cargo train route
2 hours ago -
MAS to maintain zero-appreciation of Singapore dollar
2 hours ago -
RCEP sends powerful signal of Asia's commitment to open trade
2 hours ago -
European stock markets steady at open 14 april 2021
2 hours ago
Education - Urdu News - Car Prices - Breaking News - English News - Live Tv Channels - Urdu Horoscope - Horoscope in Urdu - Muslim Names in Urdu - Urdu Poetry - Love Poetry - Sad Poetry - Prize Bond - Mobile Prices in Pakistan - PTV Sports - English to Urdu - Big Ticket - Translate English to Urdu - Ramadan Calendar - Prayer Times - DDF Raffle - Islamic Calendar - Events - Today Islamic Date - Travel - UAE Raffles - Travel Guide - Arabic - Urdu Cooking Recipes - Directory - Pakistan Results - Past Papers - BISE - Schools in Pakistan - Academies & Tuition Centers
UrduPoint Network is the largest independent digital media house from Pakistan, catering the needs of its users since year 1997. We provide breaking news, Pakistani news, International news, Business news, Sports news, Urdu news and Live Urdu News
© 1997-2021, UrduPoint Network
All rights of the publication are reserved by UrduPoint.com. Reproduction without proper consent is not allowed.