Wednesday , July 17 2024

Surgical strike of inflation on the occasion of Eid, tomato prices cross double century mark | Live Updates, Unveiling the Latest India News Trends

In Pakistan, which is heavily dependent on foreign aid, the prices of food items have once again increased. Before Eid, the price of tomatoes in Pakistan has gone up to Rs 200 per kg. In such a situation, the festival of Eid is becoming dull for the poor people of Pakistan. There is a trend of making non-veg food on Eid, there are many food items which require tomatoes. At present, due to the increase in the price of tomatoes, it has become out of the reach of common people. In the month of April, on the occasion of Eid, tomatoes were sold for up to Rs 500 per kg.

Inflation increased in Pakistan before the festival

Eid-ul-Azha or Bakrid festival is being celebrated today in many countries including India and Pakistan. People of the Muslim community do a lot of shopping before Bakrid. Delicious dishes are also prepared on the occasion of Bakrid, but every time inflation reaches its peak before the festival in Pakistan. The retail price of Pakistani rupee in Peshawar has crossed 200 Pakistani rupees. The maximum price of tomatoes has been fixed at Rs 100 per kg by the district administration, but tomatoes are being sold at more than double the price.

Tomatoes sold at Rs 500 per kg on Eid

According to local media reports, the price of tomatoes has increased by Rs 100 per kg in a day after the Deputy Commissioner of the district banned the transportation of tomatoes outside the district under Section 144. It is believed that government notifications are limited only to government papers and inflation is at its peak on the ground. On the occasion of Eid in the month of April, the retail price of tomatoes in Pakistan increased to Rs 500 per kg.

The prices of onions and potatoes also increased

Due to inflation in Pakistan, after tomatoes, now onions and potatoes have also become expensive. Due to the huge increase in the prices of these things during the festival, people's festival is getting spoiled. Here the price of A-grade potatoes is 75-80 rupees per kg, but it is being sold at 130-140 rupees per kg. The government price of onion has come down, the price of A-grade onion is 100-105 rupees per kg, but in the markets of metros it is being sold at 150 rupees per kg.

Petrol and diesel prices have been reduced in Pakistan

The recent tax reform in Pakistan has not proved successful in curbing inflation. Abid Suleri, Executive Director of Sustainable Development Policy Institute (SDPI), has advised to reduce inflation. He said that while creating income tax brackets, the minimum taxable income limit should be adjusted keeping inflation in mind, which can curb inflation to a great extent. Let us tell you that the Pakistan government has reduced the prices of petrol and diesel before Bakrid.