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E&IP fails to control soaring price-hike

By SYED INTIKHAB ALI August 17, 2008

KARACHI - Prices of essential items including milk, bread, fruits, vegetables, flour, rice, oil and other commodities have started witnessing an unprecedented surge ahead of the holy month of Ramadan but concerned departments of the Sindh government and CDGK failed miserably to control the alarming situation.

At present, milk is being sold at Rs 40 to 45 per litre across the city and the sellers have already informed the customers that the price would reach Rs 50 per litre during Ramadan.

The retailers said that CDGK magistrates could not prevent wholesalers from increasing the prices and are making false claims in this regard only to satisfy Chief Minister, Chief Secretary and City Nazim Mustafa Kamal. They alleged that corrupt elements in the Enterprise and Investment Promotion (E&IP) only take action against retailers which is useless exercise, who are not responsible for price-hike, a group of milk sellers said.  


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