Dairy farmers in Karachi announced the milk price hiked by Rs23 per litre on Wednesday.
The new wave of inflation, will instantly affect the consumers as the farmers across the city will sell milk to the middlemen at the price of Rs108 per litre.
However, the government has fixed the price of milk at Rs94 per litre.
According to the Dairy Farm Association chief Shakir Umar, the talks between farmers and Commissioner Karachi yielded no result which led to the price hike.
“We used to sell milk at Rs85 per litre to the middlemen, however we have now started implementing the price increase,” he said.
The official statement said that the recent price increased after the transport charges went up, higher cow fodder costs and other expenses.
It is now up to the middlemen and shopkeepers to decide when they want to increase the milk price and pass the hike to the consumer, he commented.
Military urges Taliban govt to deny the "use of soil by terrorists for perpetuating acts of terrorism against Pakistan"
Province’s education authority modifies school timings to prevent schoolers from scorching hot weather
PTI calls for action against those responsible for 2017 Faizabad sit-in after Gen Faiz gets clean chit from inquiry...
Saudi delegation was impressed by the preparations of Pakistani ministers and officials, says premier
Farid Nemouchi pleads not guilty to charge of spitting and causing distress to Panzani Cheema
Disaster management authority's tally shows at least 65 people have succumbed to extreme rains, flash floods, and...