Dairy Farmers Association demands price hike in Karachi

Web DeskMay 5, 2024 12:09 PMbusiness
  • Commissioner of Karachi approves Rs 10 per liter increase in milk price
  • Dairy Farmers Association cites high production costs and cattle prices
  • Residents of Karachi concerned about potential further hike in milk prices
Dairy Farmers Association demands price hike in KarachiImage Credits: pakobserver
The Commissioner of Karachi has approved a Rs 10 per liter increase in milk prices, leading to concerns among residents. The Dairy Farmers Association demands higher prices due to production costs and market dynamics, urging prompt action from authorities.

The Commissioner of Karachi has approved a hike of Rs 10 per liter in the price of milk following the demand from the Dairy Farmers Association. This decision has led to shops in Karachi now selling milk at Rs 210 per liter, causing concerns among the already inflation-burdened citizens of the city.

Reports suggest that there might be a further increase of Rs 50 per liter in milk prices, adding to the financial challenges faced by the residents. Mubasher Qadeer Abbasi, the President of Dairy Farmers Karachi, has highlighted the reasons behind this potential price surge, including the high cost of milk production, escalating cattle prices, and alleged government negligence in addressing these issues.

Abbasi has urged the Karachi Commissioner to promptly issue a notification aligning the new prices with the actual production costs. He has warned that if the authorities fail to announce the price hike by May 10, stakeholders will take matters into their own hands and raise prices after reaching a consensus.

The recent approval of a Rs 10 per liter increase in milk prices in Karachi has sparked concerns among the residents, with fears of a further hike looming. The Dairy Farmers Association's demand for higher prices, citing production costs and market dynamics, has put pressure on both the authorities and consumers. As the situation unfolds, the people of Karachi await clarity on the future of milk prices and brace themselves for potential financial challenges ahead.

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