Nestle, Engro companies increase prices of packed milk

BusinessNestle, Engro companies increase prices of packed milk

ISLAMABAD, Pakistan: Engro Food (Pvt) Limited and Nestle Company (Pvt) Ltd have reportedly increased the prices of one litre milk pack from Rs 110 to Rs 115 without any reason putting an additional burden of Rs 5 per litre on the poor consumers.

The Engro Company has notified in a circular to the shopkeepers a sudden hike in the prices of one litre milk pack from Rs 110 per litre to Rs 115 per litre even before the advent of the holy month of Ramazan.

The prices of 12 milk pack carton has been increased from Rs 1260 to Rs 1380 in the 12-pack carton for the consumers w.e.f May 5, a notification of the Engro company said.

The consumers have strongly criticized the sudden increase in the prices of Milk pack and Olper milk and demanded of the government to take action against the companies for jacking up the prices and direct them to withdraw the prices immediately prior to the holy month of Ramazan.

They were of the view that the government had already provided the much relief to the people by bringing down the prices of petroleum products through sustained subsidy in the recent years.

The step had added to slashing of prices of the daily use items but the steps by the manufacturing companies like producers of milk and dairy items by abrupt increase in prices would put additional burden upon the consumers, especially the low income group.

They questioned when the transportation charges of daily use items hovered around the lowest in the recent history of the country, the sudden surge in dairy products would nothing but contribution to undue profit on part of the manufacturers.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Donald Trump Leaked Audio Clip

Trump’s Presidency may reset US-Pakistan diplomatic dynamics

0
By Farzeen NadeemDonald Trump’s victory in the presidential elections as the 45th President of the United States can be termed transformative, even though the...
Without comprehensive, false information will continue to destabilize Pakistan, says COAS Gen Asim Munir

Without comprehensive laws, false narratives will continue to destabilize Pakistan, says COAS Gen Asim...

0
Islamabad, Pakistan: Army Chief General Syed Asim Munir has reiterated that without comprehensive laws and regulations, false and misleading information and hate speech will...

Lahore awaits to host the 2nd International Punjabi Conference on 18 to 20 November...

0
Lahore, Pakistan: Over 100 international delegates from all over the world will attend the Second International Punjabi Conference organized by Punjabi Parchar. The three-day...
On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King of Kingdom of Bahrain, conferred Bahrain Medal - First Class upon Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force at Sakhir Air Base, Bahrain. The medal was awarded to Air Chief in recognition of his distinguished efforts to enhance military cooperation and defence collaboration between the two brotherly countries. The ceremony was witnessed by senior civil and military leadership of Kingdom of Bahrain. His Royal Highnes conveyed his heartfelt acknowledgement to Air Chief Marshal Zaheer Ahmed Baber Sidhu for the participation of Pakistan Air Force contingent comprising JF-17 Block-III fighter jets alongside air and ground crew in the Bahrain International Airshow. Chief of the Air Staff expressed his gratitude for the honour of receiving the Bahrain Medal - First Class. On the sidelines of Bahrain International Airshow, Commander of Ninth Air Force (US Air Forces Central Command — AFCENT), Lieutenant General Derek France called on Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff, Pakistan Air Force. The Air Chief reiterated his resolve to further enhance the existing bilateral cooperation between the two strategic partners. Commander AFCENT appreciated Pakistan’s efforts in promoting regional peace and vowed to enhance cooperation in the fields of joint training, mutual exercises and military to military collaboration. In a separate meeting, Chief of the Air Staff also called on Field Marshal Shaikh Khalifa bin Ahmed Al Khalifa, Commander-in-Chief of the Bahrain Defence Force.

Bahrain conferred Bahrain Medal – First Class upon Air Chief Marshal Zaheer Ahmed Baber...

0
Monitoring Desk: On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King...
Smog in Lahore links with stubble burning in Amritsar and Ludhiana

Motorcycles contribute 69% to smog caused by transport in Lahore

0
Lahore, Pakistan: Pakistan ranks 179th out of 180 countries in the world in the Environmental Performance Index, reports Independent Urdu.According to data available with...
Advertisement