Essential commodities sizzle in Kolkata markets as fuel prices skyrocket

Prices of vegetables, foodgrains and cooking oil have been on the upward curve since the last one week in most Kolkata markets, traders said.

Published: 05th April 2022 07:47 PM  |   Last Updated: 05th April 2022 07:47 PM   |  A+A-

Rs 2000

For representational purposes (File Photo | AFP)

By PTI

KOLKATA: Essential commodities are becoming dearer by the day in the metropolis as fuel prices continue to touch new highs, burning a hole in the pockets of the common man.

Prices of vegetables, foodgrains and cooking oil have been on the upward curve since the last one week in most Kolkata markets, traders said.

Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the last two weeks to Rs 9.20 per litre, according to a price notification of state fuel retailers.

In Kolkata, a litre of petrol costs Rs 114.28 and diesel Rs 99.02 as on Tuesday.

This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

"Vegetables, which should ideally be priced at Rs 25-30 a kg, is selling at Rs 40-50 per kg...This is due to the non-stop rise in fuel prices," said Rabindranath Kole, a member of the West Bengal government's task force on agriculture.

Gopal Pal, a potato wholesaler in the city's Burrabazar area, said prices have risen by at least Rs 50 per bag in the last two-three days.

"A bag of ‘S1' potatoes is currently selling at Rs 840, the ‘Jyoti' variety is priced at Rs 950 and 'Chandramukhi' at Rs 1,150," Pal said.

Price of paddy has shot up by Rs 7-10 per kg at the retail level depending on the variety, a rice retailer said.

Cooking oil has also bore the brunt of the steep rise in fuel prices, with a litre of mustard oil costing Rs 195-210 from Rs 165-180 a few weeks back, traders said.

On Monday, several private bus and cab operators said they were contemplating taking vehicles off the roads if the state and central governments did not provide some succour in the form of an allowance or make way for fare hikes to support the ailing transport sector.

As fuel does not come under GST, central excise and VAT get levied on petrol and diesel.

West Bengal imposes 25 per cent VAT on petrol and 17 per cent on diesel.

The central government levies Rs 27.90 excise on every litre of petrol and Rs 21.80 on diesel.



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