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Food prices continue to rise unabatedMEERI News

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Price hike of essential commodities has become a norm in Pakistan. Food prices are increasing day by day. Prices of rice, sugar, milk, fruits, vegetables and cooking oil have risen notably over the past seven years, putting pressure on overall consumer prices. Another aspect of inflation is that people are paying more than they can afford for essential services like health, education and transport. Inflation associated with capitalism and privatization has drastically reduced the standard of living. With few exceptions, the prices of vegetables and fruits increased by 250 to 300% during this period.

The situation has worsened due to the impact of several rounds of hikes in the prices of petroleum, electricity and gas products, which have had an alarming effect on the prices of several commodities. Today, the poor spend a large portion of their income on food and fuel. Prices have gone up, but the wages of the common man are also going down. Edible oil prices have increased. The price of tomato has reached Rs 60-70 and is increasing rapidly. Just as the price of onion left the poor in tears, it is the turn of pulses (dal). The price of the poor man’s staple has almost tripled, and there are no tangible measures to stop its rampant growth. Due to rising inflation across the country, the life of the common man is becoming difficult.

Prices of daily use items have skyrocketed; A common man cannot afford much for his family beyond what he can earn after a day’s hard work. The prices of kitchen items are so high that they are completely beyond the reach of the common man. The businessmen are openly robbing the poor people and the government is doing nothing by playing the role of a silent spectator.

Most affected are the poor and the lower middle class, especially the low-wage working class in the private sector, who have to maintain a reasonable standard of living on a fixed income. Now due to the increase in the prices of commodities, especially food and beverages, it is becoming difficult for them to comfortably bear all the expenses. What to say about children’s education and health care expenses of the family. Today a 100 rupee note is the same as 10 rupees. Rising prices of food items are a matter of concern. Now, they cannot think of saving and going out as they have to maintain their budget in limited income. Most people have resorted to reducing the amount of things they usually buy. They have started compromising on the amount of nutritious food they buy for their children.

Cost of essential commodities, unaffordable cost of buying or building a house, ever-increasing cost of education, unaffordable house rent, skyrocketing transport costs, work and social tourism, the prices of essential commodities have increased during the last almost seven years. . of civil governments. People have started spending their savings to keep pace with inflation to pay college/university fees. If this trend continues for long then I think people of Pakistan will have to take loans to run their families.

The price lists issued by the local administration appear to be ostentatious at the shops. Nowadays, wholesalers and retailers, especially fruit and vegetable traders, are open to ripping off consumers by hoarding the goods despite all the claims of the authorities concerned. The price of sugar has already been raised to a temporary level. We are now at the mercy of the local administration which is not paying any attention to this important issue. There are no checks and balances to control prices; The administration needs to check and control prices and strict action should be taken against profiteers.

Pakistan, once the “bread basket” of Asia, is now dependent on India due to the bogus policies of successive governments. Pakistan now has the largest number of poor people. For the 120 million people living and working on small farms, life has become very precarious. With appropriate government policy, smallholder farmers have tremendous potential to increase food production, improve their lifestyles and contribute to greater food security for all Pakistanis. The government’s wheat support price policy gives nothing to small farmers because they usually have little or no grain to sell due to small stocks; This policy is designed only for the convenience of large landowners. In fact, the steep rise in wheat prices has pushed the people of Pakistan into a food grain price crisis. It is important that the government avoids the temptation to increase the minimum support price in future. The PML(N) government came to power on promises to rein in inflation, but rising food and fuel prices remain a challenge. The government should take necessary steps to control the ever-increasing food prices.

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