June 19, 2024
1 min read

Milk prices surge as Pakistan faces high inflation

Amidst these hardships, voices from Karachi resonate with frustration and concern…reports Asian Lite News

As Pakistan continues to grapple with economic challenges that, in turn, are contributing to inflation in the country, the cost of various essential products, including milk, have also gone up, putting the brunt on the people.

The reason for the skyrocketing prices of essential goods is due to energy shortages, and fluctuations in global commodity prices.

Amidst these hardships, voices from Karachi resonate with frustration and concern.

M. Akhter, a resident, expresses the struggles faced by daily wage workers and labourers, highlighting the impact of soaring prices not only on milk but also on related products such as Ghee (clarified butter).

“We can’t sustain our households in such inflationary times,” he laments, urging the government to consider the plight of its citizens amidst these challenging circumstances.

Faizan echoes similar sentiments, explaining that milk prices have escalated due to the rising costs faced by dairy farm owners for essentials like fodder, high rents, and water.

“They have no choice but to pass on these expenses to consumers,” he observes, urging the government to prioritise the welfare of the common people regardless of how they came into power.

In Karachi, and across Pakistan, the struggle against inflation is not just about economic numbers but about the daily realities faced by the citizens.

According to local media reports, the cost of milk in Karachi surged notably after dairy farmers and wholesalers, in collaboration with Commissioner Karachi, settled on an agreement to raise prices by PKR 20 per litre.

The decision came after an extensive consultation session that lasted several hours, where the Commissioner met with stakeholders from the dairy farming, wholesaling, and retail sectors to discuss and finalise the price adjustment.

Following thorough deliberations, all parties reached a consensus to implement the PKR 20 per litre hike, setting the new price of milk at PKR 220 per litre, which represents a significant increase compared to previous rates. (ANI)

ALSO READ-6 killed, over 1000 stranded in Sikkim landslides

Previous Story

Trishakti Corps continues relief ops in North Sikkim

Next Story

Report exposes rising Christian persecution in Pakistan

Latest from India News

Modi Congratulates Carney, Eyes Stronger Ties

While pitching himself as the frontrunner to replace Trudeau, Carney had given signals to mend the relationship….reports Asian Lite News Prime Minister Narendra Modi on Tuesday became one of the first world

Suryavanshi’s Ton Powers RR Past Gujarat

While Suryavanshi had produced an innings that left the fans in awe, Jaiswal quietly raced to a 31-ball half…reports Asian Lite News Vaibhav Suryavanshi’s historic century, alongside Yashasvi Jaiswal’s unbeaten 70 saw

Six OMCs Pump ₹290 Cr into Startups

The Union Minister said the country continues to stand as the world’s third-largest startup ecosystem….reports Asian Lite News Six oil marketing companies (OMC) in India have invested Rs 290 crore from their
Go toTop