PM for steps to bring down prices of essential items – Newspaper

ISLAMABAD: Prime Minister Imran Khan has ordered the authorities interested in the federal capital and two provinces, Punjab and Khyber Pakhtunkhwa, to develop a plan to provide relief to the masses and ensure the stability of commodity prices.

"A system of this type must be designed to ensure that no additional burden is placed on the common man," the prime minister said during a meeting on Wednesday.

According to the Office of the Prime Minister (PMO), the meeting was attended, among others, by the Chief Minister of Punjab, Sardar Usman Buzdar, the Chief Minister of KP, Mahmood Khan, the Special Assistant to the Prime Minister of Information, Dr. Firdous Ashiq Awan, the federal secretary of Interior, the chief secretaries of Punjab and KP, and the chief commissioner of Islamabad.

The prime minister issued a directive for the launch of an offensive against hoarders and speculators and the use of the latest technology for this purpose.

He believed that a surprise inspection of wholesale markets should be guaranteed and people kept informed about prices.

Prime Minister Imran Khan stressed the need for transparency in the auction of fruits and vegetables in wholesale markets so that no one can deprive farmers of their income and reward hard work.

Participants discussed a proposal for the formation of market committees to control profits and hoarding.

"The provision of Roti (bread) is a responsibility of the state and, therefore, all efforts must be made in this regard," said the prime minister.

He revealed that the government was considering a proposal for the provision of essential products for deserving families under the Ehsas program.

The main secretaries of Punjab and KP informed the participants about the prices in their provinces and the measures taken against the hoarders and speculators.

The meeting decided to address the complaints of Nanbais (roti manufacturers) after being informed about their reservations about the price stipulated by the government.

Ease of doing business In a separate meeting, Prime Minister Khan ordered the Investment Board (BOI) to complete the process of consultation with interested parties to simplify and simplify business-related laws.

He called to complete the process of "guillotining" unnecessary regulations as soon as possible to improve the ease of doing business.

The meeting, which focused on the elimination of regulatory obstacles, was attended by the Trade Advisor, Mr. Abdul Razak Dawood, the Institutional Reform Advisor, Dr. Ishrat Hussain, the BOI President, Zubair Gilani, the Minister of Industries from Punjab, Mian Aslam Iqbal, and the Country Director of the World Bank. Pakistan.

The prime minister said that special attention should be given to the promotion of the digital economy and that digital solutions should be offered to companies in the information technology sector.

He said facilitating investors and increasing the ease of doing business were among government priorities. "The automation of the regulatory procedure and the online availability of the required information will help companies operate smoothly," he added.

The prime minister was informed that, in compliance with its directives, the ministries of oil and housing, the energy division and the BOI would present their proposals to eliminate unnecessary regulatory obstacles in their jurisdiction.

He directed all other divisions to develop similar plans as soon as possible.

Speaking on the occasion, BOI President Zubair Gilani said that an extensive process of consultation with interested parties was being carried out to eliminate obstacles to doing business. This process involves the elimination of irrelevant or obsolete regulations, the revision of the existing regulatory framework and the modification of existing laws.

The meeting was informed that a "Regulatory Business Mapping Portal" digital had been designed to ensure transparency and accuracy in transactions through electronic commerce.

The prime minister was informed by the Punjab industries minister that the provincial government had undertaken a series of initiatives to facilitate business. Among them are the unification of taxes, the elimination of inspection, the facilitation of a window and the introduction of the Law of Intelligent Regulation of Punjab.

Published on Dawn, August 29, 2019

Source: https://www.dawn.com/news/1502311/pm-for-steps-to-bring-down-prices-of-essential-items

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