Fuel is an indispensable part of our day-to-day life, and we can’t imagine our life without it. But the petrol, diesel and kerosine prices are sky rocketing, and it is eventually going to affect each and everything that we use in our day to day life.
Poor people are already working hard to earn square meals a day and this hike is definitely going to paralyze these already-burdened people.
Within two months petrol price has increased twice and there’s no hope that it will stop increasing.
It is nothing but adding fuel to the fire. Petrol hike directly affects all the major sectors like transportation, production, auto, etc. This affects the prices of daily essential commodities which are transported on a daily basis. Banking sector is also expected to suffer due to the high inflation level.
Increase in fuel price will also increase in food prices. This will have a more severe impact on poor people because poor households spend more than half of their income on food and only a tenth on fuel.
As Assegai Foundation we are concerned where the Patriotic Front is driving this country to. It is a chain reaction which will eventually affect all. Increase in petrol price will increase the transportation cost, increase in transportation cost will increase in price of goods, and this increase in price of goods would gradually force the people to loosen their pockets even more, and so on like this, the chain will further propagate. These ups and downs push more people into poverty and leading to a more pathetic situation of those already poor.
Let the President address this nation urgently and tell us where he’s leading us to!
This has obviously sent shock waves to the common man who is trying hard to make both ends meet. Price hike affects only the low wages or fixed salaried middle class families as compared to higher wages salaried class. The existing middle class is squeezed and many of those striving to attain the middle-class standard find it persistently out of remit.
Rich and corrupted people are least bothered of it. Common people if doing business shall also pass the burden to customers and chain reactions. The community that suffers the most is the common people.