Livestock smuggling makes
The National Price Monitoring Committee has taken serious
note of increase in beef and mutton prices and called for
measures to control smuggling of livestock to neighbouring
The committee, which met here on Monday under the
chairmanship of Special Secretary Finance Rana Assad Amin,
decided that the route and quantity for the issuance of
export licence for livestock should be identified to ensure
stability in the domestic prices of beef and mutton.
It was decided that the Ministry of Food Security would
suggest measures in consultation with Federal Board of
Revenue (FBR) and the Interior Ministry to address the issue
of illegal export of livestock.
The high price of food items in Balochistan as compared to
other provinces was also taken up by the committee which
emphasised the need for market intelligence between the
The committee reviewed the price trend of 28 selected items
among the provinces. Some variations in the prices of wheat,
rice basmati broken, rice Irri-6, pulses, beef, mutton, egg,
milk (fresh), milk powdered, ghee, onions, tomatoes and
garlic were observed.
The Ministry of Food Security was asked to present a
workable plan in consultation with the provinces for sharing
the marketing intelligence so that the disparities in prices
of food commodities among the provinces could be addressed.
The special secretary finance endorsed suggestions of the
committee for establishing more storages facilities by the
provincial governments in order to minimise the wastage of
perishable food items as well as expediting the revival of
palm oil development projects to save foreign exchange on
import of edible oil from abroad.
The meeting reviewed the Consumer Price Index (CPI), food,
non-food, core, wholesale price index (WPI) and sensitive
price index (SPI) to measures the changes in prices. The SPI
recorded an increase of 0.28 per cent of the week ended on
It was observed that out of 53 items, prices of 25 items
registered increase while prices of 5 items decreased and
prices of 23 items remain unchanged as compared to previous
week ended on March 8, where prices of 31 items increased,
prices of 7 items decreased and prices of 15 items remain
The prices which registered increase were tomatoes by 28.79
per cent, rice (basmati) broken 2.93 per cent, gram pulse
1.55 per cent, sugar 0.92 per cent, vegetable ghee (loose)
0.74 per cent, wheat flour 0.67 per cent and mash pulse 0.30
The items which recorded decrease in their prices were
garlic 3.93 per cent, chicken farm 3.34 per cent, egg (farm)
2.94 per cent, onion 1.50 per cent and potatoes 0.76 per
cent while prices of mutton, milk (powdered), cooking oil
(tin), vegetable ghee (tin), electricity charges, gas price
were up, petrol, diesel and kerosene remain unchanged.
It was also observed that in comparison with regional
countries, Pakistan stood the lowest in prices of wheat,
wheat flour, rice, sugar, chicken (farm) and second lowest
in beef, garlic and petrol. However, prices of pulses,
mutton, eggs, potatoes, red chilies, onion, diesel, tea and
urea were higher in Pakistan.
The meeting was attended by provincial government
representatives, Islamabad Capital Territory, and ministries
of planning and development, industries, commerce, food
security, interior, cabinet division, Federal Bureau of
Statistics and Federal Board of Revenue.
Courtesy: The DAWN