INTRODUCTION

In almost all the societies, there is, inter alia, a general tendency to acquire more and more wealth by all means. Similar situation was also being faced by Pakistan where majority of the private traders were applying tactics like creation of artificial shortages of essential items of consumption, black-marketing, charging high prices etc. The public had become hostages in the hands of the unscrupulous traders and had no option but to buy from them at what ever prices they demanded. In order to tide over this situation, and to provide economic relief to the public, the Federal Government established Utility Stores Corporation (USC) in July 1971 and placed it under the control of Ministry of Industries, Production & Special Initiatives. The USC started its operations by taking over 20 stores from the staff Welfare Organization, of the Establishment Division and gradually started increasing its numbers. To exercise better command and control, the USC established Regional Offices in different big cities to cater to the requirements of these additional stores in an organized and economical manner. Some Government and private departments also invited USC to open its stores for their employees for which they provided rent-free store accommodation. The USC also opened a large number of stores in different cities and towns by acquiring shops on rent at market rates.