CNG case verdict: OGRA ordered to devise ‘consumer-friendly’ pricing formula
After two months of hearings in the Supreme Court, a short order pertaining to the CNG prices case, was read out today by the bench headed by Justice Jawwad S Khawaja.
The court ordered Ogra to devise a new CNG pricing formula and directed the current prices to remain in effect till a new formula is crafted.
According to the short order, Ogra is responsible for formulating prices and CNG cannot be sold at rates higher than those devised by the authority.
While Ogra ought to keep in consideration the governmental guidelines, it is not bound to comply to them strictly since it is a sovereign authority.
The court deemed Ogra a ‘failure’ in protecting the consumers’ rights and said that a mafia had been formed comprising the government, CNG station owners and Ogra, which resulted in an unfair burden on the people’s pockets.
Speaking to the media outside the court, Chairman Ogra Dr Saeed Ahmed said new prices would be announced within 24 to 48 hours.
COMMENTS (8)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ
@ZA: ANd what about thos who have pre 2000 1500cc cars..Its not just that your mehran,,or mira should enjoy the luxury of getting CNG..It should either be banned for pvt vehicles or vice versa.
Why don't they just ban CNG and allow it to be used in public transport and only 800cc cars. We are wasting a precious natural resource like anything. Gas is not available in homes yet we are still willing to give CNG.
Instead of focusing this much on the issue why not take action and ask the provincial governments to improve their public transport systems.
I think These Regulatory authorities need itself a regulation. They are playing with the nation or themselves.
SC seems to be confused here. On one hand they deemed OGRA as failure. On the other hand, they are asking it come up with a new formula.
Why couldn't they ask OGRA to come up with a new formula in some given time duration and then validate it themselves, just like the letter Swiss authorities.
So what's the point of all this mess MR. CJ ....
OGRA already devised a formula satisfying all the stakeholders and we consumers are obviously not among those stakeholders
The court deemed Ogra a ‘failure’ in protecting the consumers’ rights and said that a mafia had been formed comprising the government, CNG station owners and Ogra, which resulted in an unfair burden on the people’s pockets.
After the Supreme Court has deemed Orga a failure, I think Orga should be banned to formulate any pricing related to petrol or petroleum products.
lol @ the picture showing a car decorated for wedding standing in line :P