Problems for people of Pakistan are not going to end. Due to inflation, the prices of vegetables, petrol, diesel and etc reached a high level. Now the price of milk is also increased. The Karachi Dairy Farmers Association has suddenly increased the price of milk to 23 a liter and now the price has reached at Rs. 120 a liter. Milk is being sold in the retail market for 100 to 180 rupees per litre.
Significantly, the value of Pakistani currency is approximately half of the Indian rupee. The people of Pakistan, already afflicted with inflation, are very angry with it. According to the Pakistani newspaper Dawn, the association said that they had requested several times to government that the price should be increased, but they did not pay any heed to it then they had to take this decision on their own.
Official sources said that the price of milk was notified by the city administration at Rs.94 per litre, while a large number of milk sellers sold it at a price ranging from Rs 100 to Rs 180.
The administration said that all the Deputy Commissioners have been asked to take strict action against shopkeepers who sell milk at high prices. A shopkeeper has also been arrested in this case.
In Pakistan, inflation has reached record levels of the last five years. In March, inflation rose to 9.4 percent.
According to the Pakistan Bureau of Statistics (PBS), the Consumer Price Index-based inflation rose to 9.4 percent in March 2019. PBS says that during this period, rising global crude oil prices are the main reasons for rising inflation in Pakistan. In the last three months, the prices of fresh vegetables, fruits and meat have increased steadily, especially in the cities. During July-March, the average inflation has increased by 6.97% over the year-on-year basis.
The Pakistan government has increased prices of all petroleum products by 6.45 percent. According to the prices applicable for April, prices of petrol and diesel have been increased by Rs. 6 per litre and kerosene and light diesel oil (LDO) have been increased by Rs. 3 per litre.