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HomeLatest NewsGovt cracks down on hoarding, price gouging

Govt cracks down on hoarding, price gouging


KARACHI:

The Sindh government has launched a crackdown on hoarding and illegal profiteering in the metropolitan city, issuing notices to 45 warehouse owners allegedly involved in the stockpiling of sugar, rice, and other essential commodities.

The crackdown was led by Special Assistant to the CM Ghani Hanguro for price and supply. The team visited Kachhi Galli Market and several warehouses storing essential goods.

During the inspection, notices were issued to the 45 warehouse owners caught hoarding food items. These warehouses were primarily used for storing sugar, rice, and other basic items. Hanguro warned that legal action would be taken against hoarders, including the sealing of their premises and the arrest of the owners.

Next week, a meeting has been scheduled with the Association of Spices, Sugar, Rice, and Commodities to discuss the registration of over 500 godowns and warehouses.

Apart from addressing the hoarding issue, Hanguro’s team ensured that the prices of fruits, vegetables, and chicken in the market adhered to official rates. During the visit, a case was also filed against a shopkeeper found making illegal profits, under the Price Control Act.

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