Tuesday, January 17, 2012

VAT hike makes festival expensive

This year, celebrating Pongal is going to be a costly affair with prices of all items going up. While the government’s revision of VAT has enhanced the prices, including that of oil, the prices of other edible products have also been raised by shopkeepers. Sugarcane is being sold at Rs 60 to 80 per pair, while jaggery is sold at Rs 40 per kg. Non-vegetarians also have to shell out cash, as mutton is now selling at Rs 400 per kg and chicken at Rs 110 per kg. Fish is not available in the markets, but is being sold in small quantities on street corners: five medium-sized sankara fish are being sold at Rs 150. People who have gone without fish for some time now are grabbing the fish irrespective of the high price. Travelling is also going to be expensive after the hike in bus fare, and autorickshaws are charging higher rates as well. People who normally flock to the seaside during Pongal will have to pay more.
Source: IBN Live

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