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.

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