PM directs crackdown against hoarders

ISLAMABAD: Prime Minister Imran Khan on Tuesday issued directives to the authorities concerned to take stern action against the hoarding of essential food items to reverse the inflationary trends taking a heavy toll on the poor. Chairing a meeting of the federal cabinet, the premier emphasised the need for keeping an eye on the demand and supply chain of food items and their prices. “I have been saying from day one that prices should be brought under control,” he said. The prime minister said he wants the prices of essential commodities brought down at any cost.
During the meeting, sources say, the cabinet took stock of the country’s overall political and economic situation as well as rising inflation. A number of cabinet members aired their concern over skyrocketing food prices and fielded questions to Minister for Food Security Fakhar Imam in this regard.
He was asked to explain when the situation of wheat and flour supply in the country would become satisfactory. He was also asked to provide a timeline in this regard so the people could be informed about it.
The sources said the cabinet gave a go-ahead to the formation of a temporary administrative committee for the Gun and Country Club and endorsed the decisions taken by a cabinet committee on institutional reforms.
It also endorsed the Economic Coordination Committee’s (ECC) decisions. Besides, the cabinet approved handing over of the administrative control of the Sindh Infrastructure Development Company to the Planning and Developing Ministry.
Moreover, Prime Minister Imran Khan on Tuesday has given the first task to the Tiger Force volunteers for discouraging hoarding while chairing a high-level session regarding the ongoing efforts for price controlling. The participants of the session decided to launch a pilot project for controlling inflation from the federal capital Islamabad. During its first phase, 9,000 shops in Islamabad will be monitored, whereas, Tiger Force volunteers, Commission Islamabad and deputy commission will joint spot the markets and shops involved in hoarding.
In phase-wise progress, the local authorities will start monitoring of rate lists and overcharging at all shops of the city while volunteers will spot hoarders and stocks of essential commodities more than its requirements in different markets.
After getting complaints from the volunteers, district administration will take immediate action against the responsible persons involved in overcharging and hoarding. The joint actions will be listed down in a report which will be presented directly to the prime minister. It has been decided that heavy fines will be imposed for overcharging and failure to put up rate lists.