LAHORE: After massive reduction in petroleum prices, the Punjab government has also decreased prices of ghee and edible oils by Rs15 per kg/litre.
According to a notification, which will be applicable immediately, the violators will be imposed Rs0.1m fine and will get three-year imprisonment.
Implementation Committee on the Reduction of Prices of Essential Items Chairman Rana Sanaullah Khan disclosed this during a press conference. Provincial Minister for Food Bilal Yasin, Member Provincial Assembly Zaeem Hussain Qadri and Secretary Industry Dawood Ahmed were also present on the occasion.
Rana Sanaullah said that government had taken the profiteers to task. He said that Chief Minister Shahbaz Sharif had constituted a committee on permanent basis for riding the people of price-hike. He said that more than $150 per ton has been reduced in the price of palm oil for the last few months in international market due to which the production cost of banaspati ghee and edible oils has decreased at least 18 per cent.
He also asked the people to immediately inform concerned DCs, Assistant Commissioner on toll free number 0800-2345 about the shopkeeper on overcharging.
