Since the oil prices have started soaring in the world markets, locally, the rates of essential commodities and daily-use items also depicting upward trend steeply. It is an open secret that if the oil prices go up in the international markets, all the necessities of the life became more costly.
The factor is causing depression among the public as they are suffering a lot from the negative impacts of the rise despite the government's corrective measures to ease pressure.
The government urge the provincial governments with punctuality to control prices but the result is zero, none of the prices come down once they have been risen.
The poor, who almost depend on cheaper foods, are not available in any market of the city easily, even potatos and onions are ranging between Rs 10-20.
The people, who belong to the middle class, were also fed up with present trend in the prices, because their salaries were not increasing with the pace of present trend in the prices.
As the Ramazan is knocking at the door, the government is planning to set up price monitoring cells, it's really a positive step towards the relief for the masses but who will ensure that these cells will be able to play positive role.
Nearly two months back, the fare rates had been increased and now there are speculations that the transporters may insist to raise fare rates again.
According to a report, the National Transporters Ittehad Karachi (NTIK) would wait till 15 of this month, if the government had reduced oil price, the National Transporters Ittehad Karachi will not raise rates.
Last time, the petrol prices have been raised by Rs 7.8 per litre and the diesel prices were nearly up by Rs 5.53 per liter.
In the meantime encouraging statements are appearing in the media that oil prices hike will not affect the country's economic growth target.
Comments
Comments are closed.