How effective is Punjab’s anti-hoarding ordinance?

With the promulgation of the Punjab Prevention of Hoarding Ordinance, 2020, the Government of Punjab has undertaken a crucial step towards ensuring the necessary supply of essential commodities during the emergent situation as a result of Covid-19. The purpose of the 2020 ordinance is to halt the hoarding of goods, especially essential food and sanitary items, by means of making the same an offence under the law and devising a mechanism for reporting of hoarding, schemes of adjudication, and penalty thereof. The ordinance aims at preventing speculative dealings, market manipulation, or other forms of artificially manipulated high pricing. The law ...

Read Full Post

from Welcome to Pakistan – The Express Tribune Blog https://ift.tt/2LoOnAQ