Price Control Act 2024 for Essential Commodities - Part 2 | SDEO PERA | PPSC PERA LAW Exam

Description:

00:00 — Intro
In this video we explain the Punjab Price Control of Essential Commodities Act, 2024 — the law that gives the Punjab government new powers to fix and enforce prices for essential goods, prevent hoarding and profiteering, and set up administrative machinery to monitor market behaviour. Whether you’re a consumer, retailer, wholesaler, farmer or public official, this law could affect how food and other essentials are priced and policed across the province.
Punjab Code
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What you’ll learn in this video
• Why the Act was introduced and its main goals: curb artificial price hikes, stop hoarding/speculation, and protect consumers.
Dawn

• Which commodities can be controlled and how price-fixing works under the Act.
Punjab Code

• New institutions and enforcement mechanisms created (Price Control Council / Departmental structure and powers).
Dawn
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• Powers given to authorities: price fixation, seizure, directions to suppliers, penalties and prosecution for overcharging or hoarding.
Punjab Code

• How the Act impacts traders, retailers and consumers — practical dos & don’ts.
• Key controversies, criticisms and amendments (public debate & subsequent amendment proposals).
Dawn
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• How and where to report overcharging or hoarding in Punjab (official complaint channels & what evidence to keep).
pccmdpunjab.gov.pk

Why this matters now
Large price swings for staples cause hardship for low-income households. This law aims to give provincial authorities quicker tools to stabilise markets and penalise unfair market behaviour — but it also raises questions about market intervention, enforcement fairness, and impacts on supply incentives. We examine both sides.
Dawn
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Chapters / Suggested timestamps
00:00 — Introduction & why it matters
01:30 — Background: what led to the Act (economic context)
03:20 — Main features of the Act (definitions, covered commodities)
06:10 — Institutional setup: who enforces it (council, dept., district magistrates)
08:00 — Enforcement powers and penalties (seizure, fines, prosecution)
10:30 — How it affects traders, farmers & consumers — practical examples
13:00 — Criticisms, legal concerns & proposed amendments
15:10 — How to report violations & protect your rights
17:00 — Wrap-up, takeaways & recommendations

Quick summary (for pinned comment or social copy):
The Punjab Price Control of Essential Commodities Act, 2024 gives provincial authorities powers to fix retail/wholesale prices, seize hoarded stock and penalise profiteering in essential goods. It creates an institutional framework for monitoring and enforcement but has drawn debate over scope and implementation. Read the official Act and stay informed before taking action.
Punjab Code
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Official documents & useful links (put these in the description or pinned comment):

Full Act (official PDF) — Punjab Code / Punjab Laws website.
Punjab Code
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Punjab Price Control & Commodities Management Dept — publications & reporting channels.
pccmdpunjab.gov.pk

News coverage & analysis (background & criticisms).
Dawn
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Suggested on-screen graphics / visuals for the video:

Table of typical penalties (fine ranges / seizure powers) pulled from the Act (show section numbers).
Punjab Code

Map of Punjab showing district-level monitoring structure (visual: District Magistrate role).
Punjab Information Technology Board

Call to action (CTA):
If this video helped you, please Like 👍, Subscribe 🔔 and Share — it helps get this information to people who need it. If you’ve seen price-gouging in your area, report it through the official channels (link above) and leave a short description in the comments — we’ll cover how citizens can document and report violations in a follow-up video.
pccmdpunjab.gov.pk



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