Rising food prices

Published January 21, 2021

FOOD inflation continues to challenge the resolve of the government to control the prices of essential kitchen items as much as it does the patience of millions of lower-middle-income households across the country. In the last two years, food prices have increased by an aggregate of more than a third, forcing most families to cut down on their daily caloric intake. Others have been compelled to reduce their essential expenditure on education and health so that they can put food on the table. Barring its frequent claims of moving the administrative machinery against hoarders, the government has mostly stood on the side as a helpless bystander. A report in this newspaper on Wednesday lays bare the government’s claims of having brought food inflation down. The prices of sugar and staple wheat flour have risen again significantly in spite of the availability of sufficient stocks of the two commodities. Similarly, pulses, edible oil and other items are also showing a rising price trend. Traders blame speculators — or middlemen — and increasing global commodity prices for the return of this drift. Even the threat of more sugar imports and wheat seems to have failed to deter the speculators from manipulating the market. Though the government formed a committee earlier this month to take action against hoarders, nothing substantive has been done so far to provide relief to the citizens.

These have been very difficult times for the majority of the population because of the devastating impact of Covid-19 on an economy that was already struggling. A large number of people employed in the informal sectors have lost their jobs as businesses struggle to cope with the effects of the health crisis. Others have had to bear heavy cuts in their wages. The rising food prices in these circumstances have underscored the government’s inability to do its job properly and protect citizens from profiteers and market manipulators. It is time the government stopped making hollow claims and started doing its job.

Published in Dawn, January 21st, 2021

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...