Prices affected by festival of Kartik

Potatoes becoming a luxury product in Odisha

In the Indian state of Odisha, vegetable prices have been skyrocketing in the last two months. While consumers have been waiting for the inflation to cool down, the price increase seems to be far from over.

In September, potatoes were priced between Rs15 and 20 per kg. They are now being sold at between Rs 45 and 50; registering about a 150 pc increase. Similarly, onions cost Rs 30-35 per kg, but these have shot up by 50 pc, now costing Rs60 to 65. Other vegetables such as okra, ladyfinger and eggplant have also shown a similar increase.

Experts view this inflation during the month of the Kartik cultural festival as 'normal' and said the inflation will cool down during first week of December. However, with state's heavy dependency on other states, prices are still high and November is nearing its end. Consequently, this is said to affect small traders.

While traders have blamed unseasonal rains in Odisha and other states as prime reason for rise in prices, Covid and poor monitoring of price check by authorities have also been blamed for the continuous rise of vegetable rates.

[ Rs100 = €1.10 ]

Source:  orissapost.com


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