AIRLINK 206.70 Increased By ▲ 6.41 (3.2%)
BOP 10.33 Decreased By ▼ -0.16 (-1.53%)
CNERGY 7.14 Decreased By ▼ -0.07 (-0.97%)
FCCL 34.86 Decreased By ▼ -0.08 (-0.23%)
FFL 17.18 Decreased By ▼ -0.24 (-1.38%)
FLYNG 25.27 Increased By ▲ 0.42 (1.69%)
HUBC 129.25 Increased By ▲ 1.44 (1.13%)
HUMNL 14.10 Increased By ▲ 0.29 (2.1%)
KEL 4.96 Decreased By ▼ -0.04 (-0.8%)
KOSM 6.78 Decreased By ▼ -0.25 (-3.56%)
MLCF 44.80 Increased By ▲ 0.18 (0.4%)
OGDC 221.25 Decreased By ▼ -0.90 (-0.41%)
PACE 7.22 Decreased By ▼ -0.20 (-2.7%)
PAEL 42.75 Decreased By ▼ -0.05 (-0.12%)
PIAHCLA 17.17 Decreased By ▼ -0.22 (-1.27%)
PIBTL 8.48 Decreased By ▼ -0.03 (-0.35%)
POWER 9.11 Decreased By ▼ -0.04 (-0.44%)
PPL 191.00 Decreased By ▼ -1.73 (-0.9%)
PRL 42.94 Increased By ▲ 1.44 (3.47%)
PTC 25.31 Increased By ▲ 0.87 (3.56%)
SEARL 103.35 Increased By ▲ 2.08 (2.05%)
SILK 1.03 Decreased By ▼ -0.02 (-1.9%)
SSGC 43.00 Decreased By ▼ -0.87 (-1.98%)
SYM 18.33 Decreased By ▼ -0.43 (-2.29%)
TELE 9.33 Decreased By ▼ -0.21 (-2.2%)
TPLP 13.18 Increased By ▲ 0.10 (0.76%)
TRG 70.10 Increased By ▲ 3.91 (5.91%)
WAVESAPP 10.55 Increased By ▲ 0.02 (0.19%)
WTL 1.80 Increased By ▲ 0.02 (1.12%)
YOUW 4.00 Decreased By ▼ -0.04 (-0.99%)
BR100 12,063 Increased By 23.7 (0.2%)
BR30 36,872 Increased By 183.2 (0.5%)
KSE100 114,861 Increased By 57 (0.05%)
KSE30 36,040 Decreased By -62.4 (-0.17%)

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, taking serious notice of artificial price hike, profiteering as well as hoarding, has directed the chief secretary to ensure that the district administration does control prices regularly.

The CM said that the devastating floods and heavy rains destroyed standing crops, particularly of vegetables, therefore a gap between supply and demand widened. “Taking benefit of the situation, the hoarders created artificial shortage of vegetables, fruits and other edibles, and the prices of the commodities skyrocketed,” he said and added that the district administration must start checking prices in the markets to control the situation.

Shah directed Chief Secretary Sohail Rajput to issue instruction to all the divisional commissioners to mobile the district administration to check price list, stocks of commodities and their supply in the market. “I’ll not tolerate artificial price hike and hoarding,” he said.

The CM also said that the district administration assess the requirement of the market must play their role to ensure appropriate supply of essential commodities in the markets.

Chief Secretary Sohail Rajput has issued necessary directive to the commissioners and also directed them to keep him in loop on their daily activities.

Copyright Business Recorder, 2023

Comments

Comments are closed.