Fare increased by transporters after POL prices hike

MULTAN,April 2nd:After increase in the petroleum products prices, the transporters’ community have increased the fare by ten percent. While city service transporters have threatened to increase the fares by up to Rs2 in next couple of days. Transporters Association Multan Chaudhry Shahbaz Ahmed told that the transporters have become tired of protesting against the price-hike and now it’s the time to increase the fares. "We demand the government to decrease the price, otherwise, we will not hesitate to hike it," he added. "The CNG Dealers Association is also conducting the meeting on 5th April regarding the technical aspects of the price change," said the spokesman of the CNG Dealers association.According to an economic analyst and researcher Prof Dr. Karamat Ali, the petroleum products are being sold on higher rates than the price in the international market. "The profit on the petroleum products is directly going into the government’s pocket which is about Rs214 billion in taxes on oil products" he added.Meanwhile, the leaders of the other organizations including Labour Party Pakistan,Multan Suhail Javed also condemned the price-hike and warned the government of countrywide protests. He said that it’s an economic murder of the people, who already are facing the inflation, unemployment and the power shortages. "The increase will directly hit the poor people of the country, whereas, the rich are enjoying all the benefits" he added.He said that the country is being run on the IMF and World Bank’s policies.

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