Saturday, April 2, 2011

Hike in Petrol Prices affect Increase in commodities prices


Another hike in petrol prices affected the peoples of Pakistan. Government of Pakistan took the  step of increasing the price of petrol by nine per cent, making it just over Rs83.50 per litre and maybe in near future it will go to Rs. 100 in near future.
This hike in price not only affect the consumer of petrol but also causes for hike in other commodities. Today tetra pack milk also increased prices but i dont know what is the formula to increase the prices of commodities.
Govt increases per litre Rs.10 but the milk prices risen Rs. 10 per litre. Is is ethical and justifiable? There is no law and order. For the sake of argument we accept that govt increases petrol prices so the cost of commodities should be increased but the litre petrol does not affect the litre milk price.
The authorities are requested to take action against these producer who are increases their commodities prices on their own..

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