Bhopal: Fuel price hike severely hits middle-class household budget, prices of petrol and diesel surged by almost 40%

BHOPAL: There has been a big jump in the prices of petrol, diesel and edible oils over the past one year. This led to price hike in most other daily use items like tea, spices, soaps, salted snacks, groundnuts and dry fruits. The inflation is around 10-40 per cent and it has definitely hit the household budgets of middle class families in the city.

Harish Sharma of Surbhi Tea Sales says that the price of branded tea leaves has gone up by Rs 100-150 per kg and of loose tea leaves by Rs 30-40 per kg. He said the floods in Assam and the disruption of supply chain due to frequent lockdowns were responsible for the price hike.

Bharati Jain, an architect, who lives in a joint family, says that the price rise has mainly affected their savings. ìEarlier, we were saving 10 per cent of our income, now we are saving 5 per cent," she says. According to her, the kitchen budget of her family has gone up from Rs 30,000 to Rs 35,000 per month.

A owner of Mahesh Kumar Agarwal Masala & Company Emporium, New Market, says that prices of spices have gone up by 10-33 per cent.

Harish of Govind Stores, New Market, says that the prices of dry fruits have gone up by Rs 100 per kg on an average. ìThe prices of Namkeen have increased because edible oils have become costlier,î he says.

Afsan Afsar, a government school teacher, says that her household budget has gone up by 25 per cent. ìAlmost everything we use in the kitchen ñ whether it is onions or spices or groundnuts ñ every single thing has become costlier,î she says.

The monthly expenditure on fuel of a joint family living in Professor Colony has gone up from 15,000 to Rs 23,000. The family owns two four-wheelers and three two-wheelers. "Over the past one year, the prices of petrol and diesel have gone up by almost 40%. This is a big burden for a middle class family like ours," says Anshul Shrivastava, who works for a private company.

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