Scarcity of plantain resulting in price hike during Diwali

Scarcity of plantain resulting in price hike during Diwali

GUWAHATI: According to the universal principle of demand and supply, if there is scarcity of certain commodities at the resource location, it collaterally leads to the rise of prices in the market. Similar is the case with the prices of plantain this Diwali.

Along with varieties of firecrackers, earthen lamps and electronic fireworks, plantain has been one of the items that needed to perform the rituals of Diwali. Therefore, despite exorbitant prices of the plantains, there were high demands of plantains on Tuesday in various markets across Guwahati city. On the eve of Diwali, two small pairs of plantains cost Rs 100 while a pair of large plantain was sold at ranging from Rs 200 to 500 on Tuesday.

Talking to The Sentinel on Tuesday, Niranjan Barman, a vendor Ghograpar said, “Earlier we brought plantains from the nearby hills. However, since natural collection of plantain has been restricted, we purchase it from the residents of Sonapur, Ghograpar, Hajo, Bejera, Baihata Chariali, Chandrapur, Mayong, Chaigaon and Boko.”

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