Ramazan hoarding

Author: Daily Times

Sir: It is highly unfortunate that hoarding and profiteering continued this past Ramazan. The prices of all food items, including basic necessities like wheat, vegetables and milk remained artificially inflated. As usual the government took no action against this criminal practice.

It seems rather than being considered a Holy Month, this is considered the season of easy money. First unethical business owners use hoarding to make money in Ramazan, and then they get an additional bonus period when Eid comes around. Amid all this, it is common, poor Pakistanis who suffer. Perhaps this is why Pakistan’s class inequalities are most apparent during Ramzan and Eid-ul-Fitr.

RANA NAEEM

Faisalabad

Published in Daily Times, June 15th 2018.

Share
Leave a Comment

Recent Posts

  • Business

Stocks reach new record high with 500-point rally

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining…

8 hours ago
  • Business

KP govt asked to abolish 2% cess on exports

Members of the Sarhad Chamber of Commerce and Industry (SCCI) Executive Committee on Friday demanded…

8 hours ago
  • Business

Gold prices up by Rs1,300 to Rs267,700 per tola

The price of 24 karat per tola gold increased by Rs.1,300 and was sold at…

8 hours ago
  • Business

Weekly inflation up by 0.55pc

The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.55 percent…

8 hours ago
  • Business

Rupee gains 8 paisa against dollar

The Pakistani rupee on Friday appreciated by 08 paisa against the US dollar in the…

8 hours ago
  • Business

Commerce minister pledges support for textiles sector

Federal Minister for Commerce Jam Kamal Khan on Friday pledged support for textiles and apparel…

8 hours ago