ISLAMABAD: The federal government will soon legislate for registration of trade chambers and associations in the tribal areas, Secretary Commerce Shehzad Arbab informed Senate Standing Committee on Commerce on Thursday.

Senate Chairman Gulam Ali convened a special meeting of the committee to review the implementation of various issues, especially performance of the sub-ordinate offices of the commerce ministry.

Arbab assured the participants that he would also urge the Ministry of States and Frontier Regions (Safron) to submit the legislation for approval at the earliest.

Currently, no chamber or association of the Fata was registered under the trade organisation ordinance.

The meeting directed the director general (DG) trade organisation to ensure that only those people were allowed to be member of chambers or association, who were regular income taxpayer and registered sales-tax payers.

A sub-committee was constituted to address the complaints of the chambers as well. The committee will be headed by Senator Islamudin Sheikh.

Chairman of the Committee Senator Ghulam Ali came hard on the DG trade organisation for allegedly creating problems for chambers and intervening in their internal politics. Senator Ilyas Bilour and DG trade organisation traded hard words on this issue.

Commerce Minister Khurram Dastgir assured the committee that all recommendations will be implemented in letter and spirit.

On the appointment of permanent chairman of the State Life Insurance Corporation (SLIC), the meeting was informed that advertisement will be published soon in national dailies.

On appointment of 758 people in the State Life, the committee asked the ministry to give province-wise details of the appointments to monitor whether the quota was observed. The details will be submitted to the committee within one month.

On irregularities in the State Life, the secretary commerce informed the committee that the two officers involved in corruption were already suspended. Senator Ilays pointed out that frauds of Rs5 million and Rs20 million were committed in the SLIC in the past few years.

The secretary commerce said that besides FIA’s, a departmental inquiry was also being carried out. The report of the inquiry will be presented to the committee.

Published in Dawn, August 29th, 2014

Opinion

Editorial

Price bombs
17 Jun, 2024

Price bombs

THERE was a time not too long ago when the faces we see sitting in government today would cry themselves hoarse over...
Palestine’s plight
Updated 17 Jun, 2024

Palestine’s plight

While the faithful across the world are celebrating with their families, thousands of Palestinian children have either been orphaned, or themselves been killed by the Israeli aggressors.
Profiting off denied visas
17 Jun, 2024

Profiting off denied visas

IT is no secret that visa applications to the UK and Schengen countries come at a high cost. But recent published...
After the deluge
Updated 16 Jun, 2024

After the deluge

There was a lack of mental fortitude in the loss against India while against US, the team lost all control and displayed a lack of cohesion and synergy.
Fugue state
16 Jun, 2024

Fugue state

WITH its founder in jail these days, it seems nearly impossible to figure out what the PTI actually wants. On one...
Sindh budget
16 Jun, 2024

Sindh budget

SINDH’S Rs3.06tr budget for the upcoming financial year is a combination of populist interventions, attempts to...