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 Lands in Malé for Big Day

PM Modi is visiting the Maldives at the invitation of President Muizzu to participate as the Guest of Honour at the country’s 60th Independence Day celebrations…reports Asian Lite News Prime Minister Narendra

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK

Farmers Win Big in India-UK FTA

There is a massive gain for rural India and exporters with zero duty on processed foods compared with up to 70 per cent earlier….reports Asian Lite News The India-UK Free Trade Agreement

Modi-Starmer Meet Ahead of FTA Signing

During the discussions, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP)…reports Asian Lite News Prime Minister Narendra Modi on Thursday called on Keir Starmer at the
Go toTop