Thursday, December 8, 2022

Govt reverses rise in flour price at Utility Stores after criticism

As a result of instructions from Prime Minister Shehbaz Sharif, the Utility Stores Corporation has reversed its decision to increase the price of a 20-kilogram bag of flour by Rs 180.

On Friday, the federal government increased the costs of flour sold in Utility Stores, with the price of a 10-kilogram bag seeing a rise of Rs90 as a result.

The Utility Stores Corporation has announced that the price of flour has increased by 9 rupees per kilogram. This would result in an increase of 90 rupees for a bag containing 10 kilos and 180 rupees for a bag containing 20 kilograms.

The 20-kilogram bag, which was once available for a price of Rs800, will now be offered for Rs980, while the price of a 10-kilogram bag has increased from Rs400 to Rs490.

After receiving criticism for the rise, the currently ruling government, which denied responsibility for the increase, ultimately decided to roll back the increase.

Earlier, Prime Minister Shehbaz Sharif made a remarkable proclamation by stating that he will lower the price of flour even if it requires him to sell clothes. This was an exceptional statement to make.

Shehbaz Sharif, the Prime Minister of Pakistan, made a commitment to lower the cost of wheat in Khyber Pakhtunkhwa (KP) while he was speaking at a public meeting of the Pakistan Muslim League Nawaz (PML-N) in the Bisham tehsil of the Shangla district in Khyber Pakhtunkhwa (KP).

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The prime minister made an announcement that he was confident in his ability to bring down the price of flour in the province. He ordered the provincial administration to make the cut at their own expense after directing them to do so.

Recently, Chief Minister Hamza Shahbaz also declared that there would be a reduction in the price of a bag of 10 kilograms of flour by Rs160, bringing it down to Rs490.

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