AGL 41.56 Increased By ▲ 0.06 (0.14%)
AIRLINK 127.32 Decreased By ▼ -0.68 (-0.53%)
BOP 6.62 Increased By ▲ 0.36 (5.75%)
CNERGY 4.16 Increased By ▲ 0.03 (0.73%)
DCL 8.55 Increased By ▲ 0.11 (1.3%)
DFML 40.89 Increased By ▲ 0.20 (0.49%)
DGKC 87.10 Decreased By ▼ -0.80 (-0.91%)
FCCL 33.80 Decreased By ▼ -0.30 (-0.88%)
FFBL 65.98 Decreased By ▼ -0.35 (-0.53%)
FFL 10.52 Decreased By ▼ -0.04 (-0.38%)
HUBC 109.36 Increased By ▲ 0.66 (0.61%)
HUMNL 14.90 Increased By ▲ 0.44 (3.04%)
KEL 4.86 Increased By ▲ 0.21 (4.52%)
KOSM 7.64 Increased By ▲ 0.31 (4.23%)
MLCF 42.45 Decreased By ▼ -0.27 (-0.63%)
NBP 61.24 Increased By ▲ 0.40 (0.66%)
OGDC 182.88 Increased By ▲ 3.91 (2.18%)
PAEL 25.00 Decreased By ▼ -0.70 (-2.72%)
PIBTL 6.24 Increased By ▲ 0.18 (2.97%)
PPL 148.11 Increased By ▲ 1.96 (1.34%)
PRL 24.81 Decreased By ▼ -0.10 (-0.4%)
PTC 16.20 Increased By ▲ 0.06 (0.37%)
SEARL 69.70 Decreased By ▼ -0.50 (-0.71%)
TELE 7.35 Increased By ▲ 0.13 (1.8%)
TOMCL 36.45 Increased By ▲ 0.25 (0.69%)
TPLP 7.85 Increased By ▲ 0.01 (0.13%)
TREET 15.40 Decreased By ▼ -0.19 (-1.22%)
TRG 52.35 Increased By ▲ 1.99 (3.95%)
UNITY 26.90 No Change ▼ 0.00 (0%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
BR100 9,845 Increased By 50.4 (0.51%)
BR30 29,984 Increased By 337.5 (1.14%)
KSE100 92,429 Increased By 407.8 (0.44%)
KSE30 28,776 Increased By 111.1 (0.39%)

Lahore Retailers and General Merchants Association (LRGMA) has urged the Chief Minister Punjab, Mian Shahbaz Sharif to increase the profit margin of retailers on 20 kilograms flour bag to Rs 10 per bag from present rate of Rs 2 per bag.
This demand was raised at a meeting of the Association, which was attended by flour dealers and retailers and presided over by the LRGMA President Rao Muhammad Akram Khan. The meeting also expressed its concern over increasing price of the flour and demanded that the rates should be stabilised. The meeting observed that the retailers were getting Rs 2 per 20 kilograms bag since last 35 years when the flour bag was available at Rs 50 per bag. Now when the flour bag was available at Rs 420 per 20 kilogram, the rate of profit for the retailers was the same.
They further said that both the PPP and PML-N had ruled over the country for many times but profit margin for the retailer was the same. They asked for stopping this step-motherly treatment with the retailers and urged the Chief Minister Punjab to enhance this margin for retailers so they could take care of their children and ensure better education for them.

Copyright Business Recorder, 2008

Comments

Comments are closed.