Govt Hikes Petrol & Electricity Prices Upsetting Public
The prices of petrol have been increased by Rs3 per liter
The petrol and electricity prices in Pakistan have been jacked up during the past 48 hours which will thus have a direct impact on the people who have not come out of the adversity that the novel coronavirus situation had left them with.
According to the notification of the Ministry of Finance in Pakistan, the price of petrol has been increased by Rs3 to Rs103.69 per liter from the existing Rs100.69.
The price of high-speed diesel (HSD) has been pushed to Rs108.44 per liter from the current price of Rs105.44, a rise of Rs3.
The new price of kerosene oil (SKO) will be Rs70.29, an increase of Rs5 on previously existing rates of Rs65.29.
Meanwhile, the National Electric Power Regulatory Authority (NEPRA) has also approved an increase in the power tariff by Rs 1.11 per unit.
The consumers across the country will now have to bear an additional burden of Rs 12 billion. This decision of NEPRA applies to all electricity providers in Pakistan except K-Electric.
At present, the burden of increasing the price of electricity for the consumers of Karachi or K-Electric has been averted but the tariff charged by K-Electric is already higher than the rest of the country.
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The increase in prices has only added to people’s misery as they are already suffering from inflation.
NEPRA has made these changes in prices under fuel price adjustment. The increase in electricity prices will apply to this month’s bills.
The people have rejected the increase in power tariffs and demanded notice from the Prime Minister.
In addition, a further increase of 57 paisas per unit has been requested in terms of fuel price adjustment.
If the increase is approved during the hearing on December 17, the consumers will have to pay an additional Rs 6 billion.
News360 sought public opinion on the matter. They opined that the government is currently engaged in a political maneuver.
A large number of rallies and public meetings carried out by opposition parties against the government could not damage it but the hike in rates of petrol and electricity will surely do.
This can incite a common man against the government which could be damaging for it.
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