Ahead of Eid, exorbitant prices of essential commodities hit people hard
Consumers in the summer capital are facing financial stress as prices of essential commodities, especially bakery products, mutton, poultry and other essential items, are skyrocketing on the eve of Eid-ul-Fitr.
This surge in prices comes amid the absence of government regulations, allowing traders to take advantage of the situation and charge exorbitant rates. Concerns have been raised about the impact of this regulation on vulnerable sections of society, including low-income families and individuals already struggling with financial constraints.
The sudden surge in prices has not only put pressure on household budgets but also threatens to dampen the festive spirit of Eid al-Fitr as families struggle to purchase essential items.
A recent market survey conducted by Greater Kashmir revealed that essential commodities are being sold at 20 to 30 per cent higher rates, taking advantage of the regulation of price lists by the government.
For example, cookie prices are being seen as high as Rs 800 per kg at some places in Srinagar, reflecting the broader inflationary trend across the market.
A senior official told Greater Kashmir that there should be a government regulation in Jammu and Kashmir as it is a consumer union territory.
“Traders will set one price for all essential commodities. Most of them will take advantage of it. Even eggs are being imported from other states. 50 per cent of the poultry also comes from outside the states,” he said.
Despite consumer outcry, government officials have cited limitations in their ability to control prices.
Altaf Ahmed, a resident of Downtown Srinagar, expressed concern over the irregular prices and said that due to the rising costs it is becoming difficult for families to afford essential items.
“Despite some well-known shops increasing prices by 20 to 30 per cent overnight, why do mutton and bakery items suddenly become equivalent to life-saving medicines on Eid? People flock together, allowing this unfair trade to flourish,” Mir Farid wrote on his Facebook handle.
Meanwhile, Assistant Food and Safety Commissioner Yameen Ul Nabi told Greater Kashmir that his department mainly focuses on food safety issues and not on price regulations.
CAPD Director Abdul Rasheed War told Greater Kashmir that determining the price list is not within the purview of his department.
