BR100 Decreased By (-0.16%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0%)
KSE30 Decreased By (-0.1%)
BECO 5.34 Decreased By ▼ -0.09 (-1.66%)
BML 56.60 Increased By ▲ 0.91 (1.63%)
BOP 35.32 Decreased By ▼ -0.06 (-0.17%)
CNERGY 8.17 Decreased By ▼ -0.03 (-0.37%)
DCL 11.49 Decreased By ▼ -0.06 (-0.52%)
FCCL 58.98 Increased By ▲ 0.62 (1.06%)
FCSC 5.14 Increased By ▲ 0.02 (0.39%)
FFL 17.71 Decreased By ▼ -0.13 (-0.73%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.15 Increased By ▲ 0.08 (0.72%)
KEL 8.66 Decreased By ▼ -0.09 (-1.03%)
KOSM 6.70 Increased By ▲ 0.01 (0.15%)
MLCF 107.49 Increased By ▲ 0.34 (0.32%)
NBP 203.39 Increased By ▲ 1.66 (0.82%)
PACE 11.20 Decreased By ▼ -0.10 (-0.88%)
PAEL 45.21 Increased By ▲ 0.72 (1.62%)
PIAHCLA 29.30 Decreased By ▼ -0.11 (-0.37%)
PIBTL 18.62 Decreased By ▼ -0.02 (-0.11%)
PPL 247.04 Decreased By ▼ -0.94 (-0.38%)
PRL 35.40 Increased By ▲ 0.11 (0.31%)
PTC 65.50 Decreased By ▼ -0.64 (-0.97%)
SEARL 95.16 Decreased By ▼ -0.33 (-0.35%)
SSGC 31.45 Decreased By ▼ -0.59 (-1.84%)
TELE 8.83 Decreased By ▼ -0.04 (-0.45%)
THCCL 66.50 Decreased By ▼ -0.11 (-0.17%)
TPLP 10.55 Decreased By ▼ -0.02 (-0.19%)
TREET 25.24 Decreased By ▼ -0.06 (-0.24%)
TRG 63.97 Decreased By ▼ -0.43 (-0.67%)
WAVES 10.88 Decreased By ▼ -0.02 (-0.18%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)

LAHORE: In order to boost up business activities, Punjab Law Minister Raja Basharat has directed the secretary mines to make suggestions on the proposed legal amendments in consultation with all stakeholders and formulate a short- and long-term comprehensive business plan for the development of the department.

He was chairing a meeting held here on Thursday in which Provincial Minister for Mines Hafiz Ammar Yasir, DG Mines, additional secretary industries and other officers were also present.

The secretary MMD briefed about the existing laws, proposed amendments and issues of the department. The meeting considered the proposed legal amendments to improve the performance of the MMD Department.

It was stated that the law of 1928 prevailed at present which had fines and penalties at the old rates; therefore, increase in the rates was need of the time. The secretary further told that the delay in reports for licenses by the environment department often increased the cost while leasing powers were vested in the deputy commissioners who did not hold meetings for a long time and thus causing delay in the auction process of minerals.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.