• Dairy Farmers Karachi President warns of potential Rs. 50 per liter milk price increase.
• Increase attributed to high production costs and government negligence.
• Urgent call for Karachi Commissioner to issue price hike notification by May 10.

Mubasher Qadeer Abbasi, the President of Dairy Farmers Karachi, has issued a cautionary statement regarding a potential surge in milk prices in Karachi, anticipating an increment of Rs. 50 per liter.

Abbasi cited several factors contributing to this anticipated hike, including the soaring costs of milk production, increasing cattle prices, and what he perceives as governmental negligence toward these critical issues.

Expressing urgency, Abbasi called upon the Karachi Commissioner to promptly issue a notification reflecting the adjusted prices in alignment with the heightened expenses associated with milk production. He emphasized that if authorities fail to announce the price adjustment by May 10, stakeholders will be compelled to take matters into their own hands and collectively agree on implementing the price hike.

Recently, the Karachi Commissioner issued a notification pertaining to the pricing of essential food items. In accordance with directives from Chief Minister Murad Ali Shah, a price control program was introduced to regulate prices through a specified list.

Also Read

Cement Sales in Pakistan Declined in April 2024

APCMA reports a slight decline in cement dispatches for April 2024. Total...

As outlined in the notification, the prices of dairy farm milk were established at Rs. 180 for wholesale and Rs. 200 for retail per liter, indicating an effort to maintain stability amidst market fluctuations.