LCCI urges Punjab Govt. to stop district administration from harassing retailers

LAHORE: The Lahore Chamber of Commerce and Industry on urged the Punjab government to stop district administration from harassing the retailers on the issue of prices as they are being forced to sell their goods below their actual prices.

In a statement issued here after a meeting with retailers, the LCCI President Engineer Sohail Lashari and the Chairman LCCI Committee on Trade and Traders Issues Muhammad Haroon Arora said that government should maintain supplies instead forcing the businessmen to sell their goods below the prices of their purchase.

They said that either the government should make upward revision in its control list or should ensure provision of these goods at lesser rates than their actual cost.

How a businessman can sell his goods at lesser than its actual prices, the they questioned.

Unfortunately, there are numerous grades of food items in Pakistan therefore their rates are according to their grades.

They said that the District Administration should only focus on CM sasta Bazars scheme that is an ample proof of Chief Minister’s sagacious approach. He said that the sasta bazaars should be in all areas to enable the people to purchase daily use-items from the place of their choice.

The LCCI President said that the Lahore Chamber of Commerce and Industry had also received complaints that the retailers are being harassed and forced to sell food items as per the control list wherein the quoted rates have no relation to the actual costs.

Muhammad Haroon said that the government would have to bridge demand-supply gap to overcome the issue of price-hike as the existing mechanism of implementation of unrealistic prices would not work at all as businessmen would prefer closure of businesses instead of generating huge losses on daily basis.

He also urged the District Coordination Officer to immediately stop harassment and fines on this pretext to enable the businessmen to continue their businesses with peace of mind.

He said that the Lahore Chamber of Commerce and Industry discourages illegal profiteering and would supplement all government efforts aimed at weeding out this menace but at the same time it would resist all measures aimed at harassing genuine and honest businessmen.