oppn parties How Food Inflation Has Made Street Food Costlier Too

News Snippets

  • The Indian envoy in Bangladesh was summoned by the country's government over the breach in the Bangladesh mission in Agartala
  • Bank account to soon have 4 nominees each
  • TMC and SP stayed away from the INDIA bloc protest over the Adani issue in the Lok Sabha
  • Delhi HC stops the police from arresting Nadeem Khan over a viral video which the police claimed promoted 'enmity'. Court says 'India's harmony not so fragile'
  • Trafiksol asked to refund IPO money by Sebi on account of alleged fraud
  • Re goes down to 84.76 against the USD but ends flat after RBI intervenes
  • Sin goods like tobacco, cigarettes and soft drinks likely to face 35% GST in the post-compensation cess era
  • Bank credit growth slows to 11% (20.6% last year) with retail oans also showing a slowdown
  • Stock markets continue their winning streak on Tuesday: Sensex jumps 597 points to 80845 and Nifty gains 181 points to 24457
  • Asian junior hockey: Defending champions India enter the finals by beating Malaysia 3-1, to play Pakistan for the title
  • Chess World title match: Ding Liren salvages a sraw in the 7th game which he almost lost
  • Experts speculate whether Ding Liren wants the world title match against D Gukesh to go into tie-break after he let off Gukesh easily in the 5th game
  • Tata Memorial Hospital and AIIMS have severely criticized former cricketer and Congress leader Navjot Singh Sidhu for claiming that his wife fought back cancer with home remedies like haldi, garlic and neem. The hospitals warned the public for not going for such unproven remedies and not delaying treatment as it could prove fatal
  • 3 persons died and scores of policemen wer injured when a survey of a mosque in Sambhal near Bareilly in UP turned violent
  • Bangladesh to review power pacts with Indian companies, including those of the Adani group
D Gukesh is the new chess world champion at 18, the first teen to wear the crown. Capitalizes on an error by Ding Liren to snatch the crown by winning the final game g
oppn parties
How Food Inflation Has Made Street Food Costlier Too

By admin
First publised on 2020-01-11 21:16:35

About the Author

Sunil Garodia By our team of in-house writers.

On a Kolkata road, one housewife was heard telling another "now we can truly say that inflation has set in, even puchkas have become costlier". Puchkas, or panipuri in Mumbai and golgappa in north India, are Kolkata's all-time favourite street food along with kathi rolls and chow mein. Most vendors were earlier selling the item at 5 pieces for Rs 10 (or 3 for Rs 10 in premium areas) but have are now giving only 4. That translates to a 20% increase. Tea, which is another hot-selling item on Kolkata streets, has seen its price increase from Rs 5 a cup to Rs 6 at some places, which again is a 20% jump.

People are talking about inflation all over the country. Onion prices have stabilized somewhat and it is now retailing at Rs 70 per kg in most markets after touching a high of Rs 180. The price of potatoes, another staple on the Indian dining table, jumped to Rs 35-40 per kg but has now dipped to Rs 25-30 after the arrival of the new crop. It needs reminding that in January last year potatoes were selling at Rs 15-18 a kg. Most other vegetables that used to sell at Rs 40 per kg last winter are now selling at Rs 60, with some even going up to Rs 80. A small cauliflower that used to sell for Rs 8-10 is now being sold at Rs 15-18.

Vendors cite unseasonal rain in September-October this last year and uneven supplies as the main reason for the jump in prices. But people say that might be true for fresh vegetables. They are not willing to accept the same reasons for onions and potatoes which they are finding higher price levels due to slow government response and unfair trade practices by middlemen. People are miffed with the government for not taking enough measures in time to check the price rise and ease the pressure on middle-class budgets. They say that the government should have seen the shortage coming as the area under plantation for onions had reduced sharply. It should have stopped exports much earlier than when it did and should have taken measures to prevent middlemen from hoarding the commodity.