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Mills to earn 35 percent profit




  • Agriculture Forum Pakistan (AFP) Chairman Muhammad Ibrahim Mughal on Tuesday alleged that flour millers after fresh increase in flour prices will earn 35 percent profit by putting an additional load of Rs 34 billion on the urban population. 

    Reacting to the increase in flour prices here on Tuesday, Mughal during a chit chat with media claimed that the flour mills had bought wheat from the growers at Rs 25 per kilograms but would sell it at Rs 34 per kilogram to the masses. He said this might lead to hunger in the poor segment of the society and may force the salaried class to commit suicide. Facility of bread has also been snatched away from the masses after education, health and law and order. “In fact government has failed at every front,” he alleged. 

    Mughal reminded the rulers that shortage of flour and increase in prices during the last days of Pervez Elahi government was the main reason behind his failure in the elections and now same drama was once again being staged. Agri Forum Pakistan (AFP) Chairman warned that if prices of flour are not brought down to Rs 30 per kilogram it might cause political demise of the present government. 

    He also suggested that minimum wages of the labour should be fixed at Rs 15,000 per month and salaries of government and private sector employees should be increased by 50 per cent to enable them to resolve the hardships they are facing due to prevailing price hike. 

    Copyright Business Recorder, 2012

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