Punjab promulgates anti-hoarding law
41 price control magistrates had been inspecting various markets daily. PHOTO: FILE
LAHORE:
The Punjab government promulgated Prevention of Hoarding Ordinance 2020 to discourage hoarding of essential commodities by traders aiming to create artificial shortages and raise prices.
Under the ordinance, the district price committees are being activated to control the hoarding and illegal profiteering. The Punjab Price Control Authority will be established soon.
These views were expressed by Special Assistant to Punjab Chief Minister on Information Dr Firdous Ashiq Awan while addressing a press conference during her visit to Punjab Food Authority (PFA) Headquarter on Tuesday. Chairman Punjab Food Authority Umer Tanveer Butt and Director General Punjab Food Authority Rafaqat Ali were also present on the occasion.