Rice price in Pakistan climbs higher


Following recent floods in Pakistan, rice prices have surged from Rs2,000 to Rs2,500 per mound, despite no actual shortage, according to 24NewsHD. Shopkeepers and millers are accused of creating an artificial scarcity. Citizens demand government action to penalize offenders and implement measures to reduce rice prices immediately.
The current wave of inflation continued to affect the poor people of Pakistan after the devastating floods, as shopkeepers and mill owners artificially raised the prices of rice from Rs2000 to Rs2500 per mound, reported 24NewsHD TV channel on Monday.
A shopkeeper said that there is no shortage of rice in the country, and the new rice crop has not reached the market. People are upset due to the sudden rise in the price of rice in the country.
They demanded that the current government take notice of this artificial shortage of rice and award exemplary punishment to those who are involved in the artificial shortage of rice in the country.
They further demanded that the government adopt immediate measures to bring down the rice prices.
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Source : 24News
