Price Commission


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Price Commission

n
(Historical Terms) (in Britain) a commission established by the government in 1973 with authority to control prices as a measure against inflation. It was abolished in 1980
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Perhaps, there could have been even a policy prescription to rationalise prices through a price commission and wage board.
Hazare has demanded setting up of Agriculture Price Commission on the lines of the Election Commission and Niti Aayog.
"The Price Commission's current methodology allows us to increase our investment and we will do so.
On the other hand, the government is considering establishing a federal agriculture price commission with the objective of providing adequate support price to farmers against rising cost of inputs.
ISLAMABAD -- The Senate Standing Committee on National Food Security and Research Wednesday recommended to work out for setting up a new Federal Agriculture Price Commission through an Act to ensure proper support price for farmers.
The Price Commission have said 'yes' to an increase of at least 14 per cent on the price of bread, an essential foodstuff for families.
Lashing out at the Congress government for its lack of vision in framing policy to tackle the spiralling cost of onions and other food items, Vardhan said a food price commission will be constituted in Delhi, if the BJP wins the polls.
Housewives jammed the four telephone lines into the Price Commission in Newcastle, rapping traders for boosting prices.
The Price Commission, which supposedly protected the consumer by setting ceiling prices on essential goods, may have been scrapped but its practices are still resorted to, when possible, by government policy-makers.
He informed that the issue of bonus would be decided by the Agriculture Price Commission, which falls under the Union Ministry of Agriculture.
First, airlines started cutting back--and eventually eliminated--the ticket price commission that travel agents received.