LAHORE: Pakistan Vanaspati Manufacturers’ Assosiation (PVMA) has refused to reduce prices of cooking oil and ghee during Ramazan, Express News reported on Friday.
PVMA revealed that they were fined with Rs50 million by Competition Commission of Pakistan (CCP) when they reduced cooking oil and ghee prices.
Furthermore, a meeting will be held over the prices of cooking oil and ghee in Ramazan on Monday.
The Government of Punjab will speak to CCP in this regards because reduction in oil and ghee prices will give relief to the masses.
According to the Government of Punjab, CCP fined PVMA on the grounds of a misunderstanding.
Earlier on Wednesday, Chief Minister Punjab Shahbaz Sharif said that “Ramazan Bazaars” will be set up throughout the province in which reduced prices will be provided to people during the month of Ramazan.
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all around the world during ramadan.. prices of oils.. fruits and other food is reduced... so that the common man can fast.... but in pakistan sadly thanks to all out corruption the prices of fruits ahve already started to increase in anticipation of ramadan.. how sad... nothing good can ever happen in this country becasue we ourselves dont feel the need to better ourselves..
May I ask why is oil presented 'like Champagne' in this column :-|