AIRLINK 76.68 Decreased By ▼ -3.32 (-4.15%)
BOP 5.19 Increased By ▲ 0.01 (0.19%)
CNERGY 4.49 Increased By ▲ 0.03 (0.67%)
DFML 35.30 Increased By ▲ 0.14 (0.4%)
DGKC 78.00 Increased By ▲ 1.12 (1.46%)
FCCL 20.21 Increased By ▲ 0.23 (1.15%)
FFBL 36.65 Increased By ▲ 1.05 (2.95%)
FFL 9.55 Increased By ▲ 0.02 (0.21%)
GGL 10.08 Decreased By ▼ -0.08 (-0.79%)
HBL 117.27 Increased By ▲ 0.27 (0.23%)
HUBC 133.15 Increased By ▲ 0.65 (0.49%)
HUMNL 7.04 Decreased By ▼ -0.02 (-0.28%)
KEL 4.60 Decreased By ▼ -0.05 (-1.08%)
KOSM 4.59 Decreased By ▼ -0.06 (-1.29%)
MLCF 37.30 Decreased By ▼ -0.20 (-0.53%)
OGDC 137.40 Increased By ▲ 2.93 (2.18%)
PAEL 23.12 Increased By ▲ 0.22 (0.96%)
PIAA 26.70 Increased By ▲ 0.07 (0.26%)
PIBTL 6.70 Decreased By ▼ -0.11 (-1.62%)
PPL 116.52 Increased By ▲ 4.42 (3.94%)
PRL 27.69 Increased By ▲ 0.49 (1.8%)
PTC 14.47 Increased By ▲ 0.09 (0.63%)
SEARL 56.29 Decreased By ▼ -0.10 (-0.18%)
SNGP 68.60 Increased By ▲ 1.60 (2.39%)
SSGC 10.89 Increased By ▲ 0.06 (0.55%)
TELE 9.23 Decreased By ▼ -0.06 (-0.65%)
TPLP 11.02 Decreased By ▼ -0.16 (-1.43%)
TRG 67.40 Decreased By ▼ -1.60 (-2.32%)
UNITY 25.35 Decreased By ▼ -0.14 (-0.55%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 7,570 Increased By 48.1 (0.64%)
BR30 24,618 Increased By 216 (0.89%)
KSE100 72,073 Increased By 378.1 (0.53%)
KSE30 23,714 Increased By 171.6 (0.73%)

KARACHI: President Pakistan Businessmen and Intellectuals Forum Mian Zahid Hussain has said that the masses are waiting for real action against food mafia, and they are wondering why import of wheat and sugar was delayed for months which provided a golden opportunity to the profiteers to fleece the masses.

Lauding the move of the government to allow import of tomatoes and onions from Iran, he, however, said that all the steps against price hike have remained counterproductive, and, therefore, import of edible items from all the neighbouring countries should be allowed while import regime should be relaxed.

He said dozens of trucks loaded with these vegetables have arrived in Pakistan to discourage profiteers and bring prices down.

He said that the existing system has failed to deliver therefore a new price control mechanism should be implemented which is equally responsive to all the stakeholders.

He said that inflation cannot be controlled through meetings, tweets and claims at the talk shows as it requires full energies of the government to crush profiteers.

Fruit and vegetable markets should be properly monitored through a balanced and effective system and an action should be initiated against those who are involved in artificial price hike.

He said that the government should also think about the Utility Stores which have failed to provide relief to the masses while Sunday Bazaars and other such bazaars should be revived through administrative action.

Copyright Business Recorder, 2020

Comments

Comments are closed.