Islamabad - Ironic Since the gift of holy month of Ramazan to the masses in the shape of raise in LPG Prices on the other day, marketing companies once again not have the Increased Prices of Commoner's girls on fuel by Rs 10/kg.
According to the market sources, on the latest Increase the Liquefied Petroleum Gas (LPG) has soared by over 75 per cent in a month and by 25 per cent in a week's time.
Unfortunately, there is no check is this arbitrary pricing Mechanism That follows fluctuating demand at Different times due Thurs Various hmmmm. This time it has Been the holy month Normally That jacks up demand abruptly, coinciding with massive flood situation across the country Choking supplies and transportation.
Since it is a deregulated industry for months without appropriate 'post-deregulation Regulatory Mechanism in place, the cartels of The Producers and marketing companies are simply unbarred. The Oil and Gas Regulatory Authority (OGRA) Finds this powerful mafia exploiting the poor beyond the Consumers ITS purview while the Ministry of Petroleum considers Itself as less help on the sector's deregulation.
Resultantly, there is Hardly Any state watchdog outfit or Thurs check the hegemonic Practice, and cartelisation by the LPG mafia is exploiting the poor people "That just buy a kg or Even half of it as Need for minimum daily fuel to Survive.
Despite the fact-That They had Increased LPG Prices on August 11 by Rs 15 per kg a few days back, now the LPG companies not have Given Yet Another blow of Rs 10/kg total price-taking Thurs Thurs Rs 115/kg.
0 Comments:
Post a Comment