Punjab govt repromulgates lapsed price control ordinance

Published
0

LAHORE: The newly-installed political government in Punjab has repromulgated “the Punjab Price Control of Essential Commodities Ordinance 2024” to give legal cover to its administrative machinery in the implementation of price controls as Ramazan is around the corner and formal legislation may take time.

The earlier ordinance had lapsed on Feb 13 creating a void in the government’s powers in controlling prices of essential commodities until Sunday.

In the meantime, Chief Minister Maryam Nawaz has constituted a committee led by the additional chief secretary having administrative secretaries of law, industries, food, agriculture, livestock and home departments as well as one commissioner and a deputy commissioner as its members.

The committee has been tasked with consulting all stakeholders and presenting a proposal for legislation on whether a full-fledged price control department be established or the ways and means to effectively control essential commodities prices in the province – within three weeks or so.

Maryam forms panel to delineate price control paradigm in three weeks

The Punjab Price Control of Essential Commodities Ordinance 2024 has empowered the secretary industries, deputy commissioners, cane commissioner, director of food and 950 food control magistrates to fix prices of essential commodities; to control artificial price hike and profiteering of essential commodities across the province.

The caretaker government in Punjab had in November last year promulgated this ordinance to empower the provincial government’s machinery, which was earlier drawing powers by adopting the “Price Control and Prevention of Profiteering and Hoarding Act, 1977”.

The Punjab’s ordinance had allowed the government to establish a Price Control Council led by the minister for industries. The council was provided powers to get information of prices, review them and monitor actions taken under the ordinance.

The ordinance had empowered the secretary industries as Provincial Controller General, who may delegate his powers, and deputy commissioners as the controllers of prices and supplies in their respective districts.

PENALTIES: The offences under the ordinance are cognizable and non-bailable.

Any person, who contravenes any order made under the ordinance, shall be punishable with imprisonment for a term that may extend to three years but not less than 24 hours, or with a fine which may extend to Rs100,000 or with both.

In case of an offence for the second time after conviction, if convicted again for an offence under the ordinance, shall be punishable with imprisonment not less than one month or with fine not less than Rs45,000 or both.

Punjab Industries, Commerce, Investment and Skills Development Department Secretary Ehsan Bhutta told Dawn that the previous ordinance had lapsed on Feb 13 but the caretaker provincial cabinet’s decision minutes for re-promulgation was received by the department on Feb 24, when the newly formed Punjab Assembly was in session.

Mr Bhutta said that he along with Chief Secretary Zahid Akhtar Zaman briefed Chief Minister Maryam Nawaz about the need for the reinforcement of price control powers as well as plans for formal legislation by the Punjab Assembly.

He said the chief minister allowed re-promulgation of the ordinance in the light of the caretaker cabinet’s decision to gain time to prepare for the legislation on the subject in the assembly.

The ordinance, for the first time, had emerged as a provincial legislation, secretary industry made the provincial controller general, introduced Price Control Council, devised a procedure for seizure of commodities and their disposal, summary trial of the offences as well as right of appeal in front of the divisional commissioner and consequently before the price control council.

Mr Bhutta said the committee constituted by the CM and led by the ACS would formulate proposals for the legislation and brief the chief minister in a matter of three weeks or so and then finally present before the new provincial cabinet – currently in the process of constitution – for its nod to take the matter to the Punjab Assembly for legislation.

Published in Dawn, March 5th, 2024

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...