Dairy farmers in Karachi have increased the price of milk by Rs. 20 per liter in an overnight price revision that was made without the approval of the administration.
The new price for the retail customers will be Rs. 140 per liter, as announced by the Dairy and Cattle Farmers Association President, Shakir Umar Gujjar. An additional increment of Rs. 16 has also been made to the wholesale rates.
Milk is being currently being sold at Rs. 120 in Karachi in violation of the price list issued by the Commissioner Karachi’s office, according to which its official rate is Rs. 94 per liter.
This spike in the price of milk will increase the difference between the official rate and the market rate by Rs. 46.
Meanwhile, the retailers have claimed to be unaware of the revision, and have affirmed that they will continue to sell milk at the regulated prices.
On the other hand, the Oil and Gas Regulatory Authority (OGRA) has announced a price hike of Rs. 10.37 per kg for Liquefied Petroleum Gas (LPG) for February.
The price of an 11.8 kg LPG cylinder for domestic consumers has also been increased by Rs. 122.36 from Rs. 1,741 to Rs. 1863.14.