On the eve of Bakrid, goats with catchy names like 'Bahubali' and 'Dhurandhar' were in great demand at livestock markets in Ranchi since Wednesday morning. Traders reported that such goats are gaining popularity among customers for the festival, not just for their size but also for their unique names. However, there was a muted response from buyers due to a significant rise in goat prices this year compared to previous years.
Price Surge of Nearly 40%
According to sellers, the cost of goats surged by nearly 40% compared to last year, largely due to an increase in fuel prices, which has pushed up transportation and maintenance costs. Shakil Khan, a goat seller at Karbala Chowk, explained, 'As a result, Bahubali goats weighing around 75 kg are now being sold at prices ranging between Rs 70,000 and Rs 75,000. In contrast, similar goats were priced between Rs 45,000 and Rs 50,000 during Bakrid last year. Similarly, Dhurandhar goats weighing around 50 kg were sold at Rs 30,000 to Rs 35,000 last year, but we are selling them at Rs 50,000 this year. We got mixed response from customers.'
Buyers Feel the Pinch
Buyers at the markets admitted that the steep price hike has made purchases a little inconvenient for them. Amjad Khan, a buyer, said, 'Due to the increased prices, it was a little difficult to purchase goats. But we have to observe Eid rituals. So, me and two neighbours bought a Bahubali at Rs 70,000.'
Fuel Price Hike Dampens Festive Fervour
In the meantime, the recent hike in fuel prices has dampened festive fervour in the city this year, with people cutting down on their travel plans for Bakrid. For many families, the celebrations usually mean visiting relatives across the city and nearby districts, shopping trips to markets, and outings with children. This year, however, many said they are reconsidering their plans. Mohammed Arif, a resident of Hindpiri, said, 'We had planned to visit my sister’s family in Hazaribag after Eid prayers, but now we may cancel the trip. Fuel has become expensive and every extra trip feels costly. We are trying to keep spending limited.'
