USC – Utility stores corporation
Salam
Utility stores corporation
I saw articles about Utility stores corporation and the government plans for it. This article is about the pakistan government fight against inflation which has always been a problem in pakistan for a long time.
I strongly suggest that utility stores buy things at a greater discount to what they purchase currently and ask for bigger discount and sell things cheaper based on discounts given to them on supplied goods. The utility stores group should make a profit on purchase and should be able give the public lower prices eg USC buys sugar at 30 rupees a bag in Pakistan and sells it at 50 rupees a bag making 20 rupees a bag of sugar. USC finds sugar at 15 rupees a bag from Iran so USC buys the sugar from Iran at 15 rupees a bag. USC sells the sugar from Iran at 35 rupees a bag. Making a profit 20 rupees on each bag of sugar. The public gets sugar 35 rupees a bag from USC and USC still makes a same profit and inflation comes down to lower prices of sugar. Sugar prices fall in Pakistan thanks USC getting it cheaper from Iran.
Also the utility stores should look at importing goods at cheap prices from other countries which have supply at cheap prices to break the price monopoly of high prices in pakistan and inflation as well from countries such as Saudi Arabia, Kuwait,UAE, Bahrain, Oman, Qatar, China, Sri Lanka, India, Bangladesh and Iran.
This way the inflation or price rises that Pakistan has seen will go down and people will be able to buy cheap goods in Pakistan.
It simple supply of goods at cheap prices and finding the same goods for cheaper in other countries, then selling them to the public at a profit.
Salman Jafri
