Pakistan, Jan. 27 -- Before the arrival of Ramazan, when inflation sets in, the transition of Punjab Model Bazaars from company mode to authority mode is a bold step. As the government claims it will improve public welfare, the real bet lies in the implementation of rules.

The change will, we are told, enhance service delivery and elevate the initiative to global standards. Here's why it matters. As an authority, Model Bazaars will gain institutional strength and boost governance and decision-making. The credibility can attract international donors, private investors and partnerships. The authority mode also ensures a framework for planned expansions to make these bazaars accessible across Punjab.

The government's allocation of Rs 3.4 b...