STOCK MARKET BSE NSE

Prices of fire crackers set to soar high

Wholesale traders in the city claim that hike in wages, prices of material and fuel have led to an inevitable increase in cost of production.

Published: 30th October 2012 09:01 AM  |   Last Updated: 30th October 2012 09:01 AM   |  A+A-

fire-crackers

Diwali will be a costly affair this time. The prices of the various fire crackers are set to shoot up by at least 15-20 per cent and burn your pocket. Wholesale traders in the city claim that hike in wages, prices of material and fuel have led to an inevitable increase in cost of production. A packet of 120 shots which cost `90 last year, will now cost `120. In the same way, the cost of a small flower pot is `35 now, compared to `30 last year.

“The workers in Sivakasi, where everything is made, have demanded more wages, and simply refused to work otherwise,” explained Sanjay Kumar Bhope, owner of Shanti Fire Works, at Begum Bazaar. '

He explained that other factors like availability of materials and the recent price hike of diesel also added to the cost of crackers.

“Since the crackers traders in the city procure are completely handmade, everything is reliant on labour,” Bhope pointed out.

Amarnath, who runs TM Agencies at Ranigunj, explained that like all the other commodities, fire cracker prices had to inevitably increase. “You can’t help it, there are added costs in this business too,” he observed. According to him, the business has changed over the last few years. “Earlier, it used to be a two-month long business. Right from Vinayaka Chaturthi till Diwali, sales would go on. Now, it has become a two-week business at Dhobhi Ghat where all the major stalls are set up,” he said.

Raju Jonnada, a wholesale trader who manages Jonnada Balaji & Company with his brother at Ranigunj, came up with a curious reason for the hike in prices. He attributed it to the government ban on child labour! “That was one reason why crackers were cheap. Now that and other factors will definitely add to the cost. Hence, the 20 percent rise,” he reasoned.

He too reiterated that business was not as robust as it was a few years ago. “Kids these days have not much interest in fire crackers due to the internet. Also they are taught at school about protecting environment, and hence the demand from children has come down,” Jonnada opined.

The traders also said that noisy bombs like hydrogen bombs have lost popularity over the last few years . “People prefer crackers which go up into the sky to loud bombs. Shots and flower pots are more or less preferred,” said Bhope.  “Even children say no to bombs at times when their parents want to buy!” Jonnada chipped in rather sadly.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp