Small traders and vendors have taken a massive hit since the demonetisation move and it has affected Hyderabad's famous flower market as well.
The Gudimalkapur flower market in Hyderabad is usually one of the busiest places in the city, but after demonetisation, the sellers have lost their customers. (EPS | Vinay Madapu)
Sales of these flowers have decreased by more than 70 percent, leading to the flowers withering away resulting in major losses for the sellers. (EPS | Vinay Madapu)
Flowers come to this market from places like Chevella, Vikarabad, Shankarpally and other areas surrounding Hyderabad, and sometimes even Bengaluru. (EPS | Vinay Madapu)
The prices of flowers have also been slashed down. For example, the cost of marigold was Rs. 50 before, but now it has decreased to Rs 10. (EPS | Vinay Madapu)
A bigger concern surrounds the workers who put in extra costs and efforts to grow these flowers perfectly since their income is dependent on the sales. (EPS | Vinay Madapu)
With no respite to this currency issue as of yet, an air of misery surrounds these sellers. (EPS | Vinay Madapu)
Flowers wither away if they are not sold on the same day, and due to the plunge in sales, these sellers are left with no choice but to throw them away. (EPS | Vinay Madapu)
