Food prices continue to rise continuously | Pro IQRA News

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Rising prices of essential commodities are the norm in Pakistan. Food prices are increasing every day. Prices of rice, sugar, milk, fruits, vegetables and cooking oil, etc., have risen markedly over the past seven years, putting pressure on overall consumer prices. Another aspect of rising prices is that people are paying more than they can afford for basic services such as health care, education and transport. Inflation associated with capitalism and privatization caused a complete deterioration in the standard of living. With some exceptions, the prices of vegetables and fruits increased by 250-300% during this period.

The situation was worsened by several rounds of price hikes in oil, electricity and gas products, which had an alarming effect on the prices of several commodities. Today, the poor spend most of their income on food and fuel, etc. Prices have increased, but the wages of ordinary men have even decreased. Edible oil prices have risen sharply. The price of tomatoes has gone up to Rs 60-70 and is rising sharply even now. Just as onion prices made poor people cry, now it is the turn of pulses (dal). The price of a staple for the poor has almost tripled, and there is no apparent measure to stop its rapid rise. The life of the common man is becoming increasingly difficult due to the general rise in prices across the country.

Prices for everyday items have skyrocketed; The common man cannot afford much for his family with the meager resources he can earn after a hard day’s work. Prices for kitchen items are so high that a common man cannot afford them. Businessmen rob poor people with impunity, and the government only plays the role of a silent spectator.

The masses of people affected the most are the poor and the lower middle class, especially the low-wage working class in the private sector who must maintain a reasonable standard of living on a fixed income. Now, due to the rising prices of goods, especially food, it is becoming difficult for them to comfortably bear all the expenses. What can we say about children’s education and family spending on health care. Today, a 100 rupee note looks like a 10 rupee note. The rapid rise in food prices is a cause for concern. Now they can’t think about saving and going out because they have to support their budget with limited income. Most people resort to reducing the number of things they usually buy. They began to compromise on the amount of nutritious food they bought for their children.

The cost of basic necessities, the unaffordable cost of buying a house or building, the ever-increasing cost of education, unaffordable housing rents, skyrocketing transportation costs, work and social outings, the cost of basic necessities have increased over the past seven years or so of civilian governments. In order to make ends meet and pay for college/university education, people began to spend their savings to keep up with inflation. If this trend continues for a long time, I think the people of Pakistan will have to take loans to support their families.

Price lists, if issued by the local administration, are displayed in stores. Nowadays, wholesalers and retailers, especially of fruits and vegetables, use a free hand to cheat consumers by hoarding goods, despite all the claims of the relevant authorities. The price of sugar has already risen to an unsustainable level. We are currently in the hands of a local administration that is not paying attention to this vital issue. There is no system of checks and balances to control prices; prices should be checked and regulated by the administration, and strict action should be taken against speculators.

Pakistan, which was once the “breadbasket” of Asia, is now dependent on India due to the false policies of successive governments. Pakistan currently has the highest number of malnourished people. For the 120 million people who live and work on small farms, life has become extremely dangerous. With the right government policies, smallholder farmers have enormous potential to increase food production, improve lifestyles and contribute to greater food security for all Pakistanis. The government’s price support policy for wheat does nothing for small farmers, who usually have no or very little grain to sell due to small holdings; the policy was formulated only to favor large landowners. The extraordinary rise in wheat prices actually pushed the people of Pakistan into a food price crisis. It is important that the government stays away from the temptation to raise the minimum support price in the future. The PML (N) government came to power on promises to curb inflation, but the surge in food and fuel prices poses a problem. The government should take necessary measures to control the continuous rise in food prices.

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