Posts Tagged ‘prices of everything going up’

Rising cost of living in Karachi!

As an urban location Karachi has always been slightly expensive to live in. Recently though the cost of living in this great city of ours has risen by astronomical amounts, with the cost of every day usage products going up by 30 – 40% in the last few months. If we study this increase in costs over the last 2 years we will see a difference of almost double in prices.

In Jan 2006, a five-litre tin of Dalda cooking oil was for Rs395, which has now increased to Rs750. Ghee saw a similar increase, with the five-litre tin going from Rs395 to Rs730. Similarly, Basmati rice went from Rs36 per kg to Rs85-90 during the same period, while kernel rice went from Rs50 per kg to Rs105. Basmati tota has gone from Rs22 per kg to Rs54-60, while Irri 9 is tagged at Rs65 as opposed to Rs16 per kg in Jan 2006.

Obviously nobodies income has doubled in the last two years, specially the salaried class. Therefore everyone is feeling the pinch of these rising costs. People are using less fuel, eating out less and buying only essentials to make their days go by.

The point is though, as an agri based nation how can we allow our prices to go up by so much? Most of this is a result of bad policing i.e the current export of rice from our nation, when there is a shortage of it locally.

I appeal to our new city government to please provide a subsidy in essential food products rather than spending it on meaningless flyovers. I know traffic has to be distributed as well, but the rate of suicides in this city is going up day by day, i would rather be stuck in a jam then see my fellow karachites stand in long lines for flour. I also appeal that immediate bans be placed on the export of all essential food groups from our city and nation.

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