Press Statement
After observing the economic condition in both East and West Pakistan, I align with Mr. Nur Ahmad, Ex-M.C.A., Chittagong, that the Government should establish an economic enquiry commission immediately to:
- Find out the reasons for the rising prices of essential commodities:
- Fish, fowl, eggs, vegetables, mutton, milk, fruits—both green and dry, rice, wheat, condiments, mustard oil, etc.
- Identify the causes of the economic crisis in East Pakistan.
- Suggest ways and means to remedy these causes.
Economic Hardship Across Pakistan:
As an East Pakistani, I have a clear sense of the economic struggles facing common men there. During my travels in West Pakistan, I observed that the fate of the common people in both regions is the same. Only a fortunate few have prospered and will likely continue to do so, putting “self first, country and people last.” This mentality—make hay while the sun shines—raises the question: who are they?
After careful study of Pakistan’s economic conditions, particularly in East Pakistan, I believe immediate government intervention is necessary to address the root causes of this crisis. Without drastic measures, the situation may escalate beyond the control of any government. People in economic hardship feel no hope from political leaders preoccupied with “games of chess in politics.” Both common men and I are confused, watching our elected representatives switch allegiances without consulting the people who empower them. This is why we all feel frustrated today.
The Intersection of Politics and Economics:
Since politics and economics are interlinked, the fate of the common man will not improve without “clean politics.” I would like to enlighten my West Pakistani brothers and sisters on the economic plight of the common people in East Pakistan.
Factors Contributing to Economic Crisis:
Several factors are undermining our national economy and threatening our very existence. A privileged few in both East and West Pakistan are getting richer at the expense of the common people. In East Pakistan, particularly in flood-affected areas, the economic situation is dire. Over the past few years, those affected by floods have exhausted all resources simply to survive. The food situation remains grave, worsened by the failure of Boro crops and a lack of timely rain. With rice prices ranging from Rs. 35-40 per maund, the future appears grim—economically, socially, politically, and ideologically.
Drainage of Wealth from East Pakistan:
East Pakistan’s economy suffers from wealth drained out of the area through various means, including the smuggling of commodities to Bharat, amounting to Rs. 50-70 crores annually. Many professionals—traders, the business community, industrialists, doctors, and lawyers—send their earnings out of East Pakistan. Additionally, a significant price disparity exists between commodities in Karachi and Dacca. Publishing daily market rates in both Karachi and Dacca could prevent exploitation by black marketeers and profiteers. I urge our national newspapers to aid the common man by publishing daily market reports for Karachi, Narayanganj, or Chittagong.
A Call for Unity and Understanding:
In conclusion, I appeal to the Prime Minister and Finance Minister of Pakistan to establish this commission, which could also help bridge misunderstandings between East and West Pakistan. I further appeal to President Major General Iskandar Mirza in this regard.