The soaring prices of commodities, including garments and essential items, have resulted in a nearly 50% decline in Eid-Ul-Zuha sales at markets in Dhubri, Assam, compared to previous years. Traders and residents alike are feeling the pinch as the festive season approaches.
Garments Sector Hit Hard
Mangilal Surana, a garments store owner in Dhubri town, expressed deep concern over the sharp reduction in pre-festival sales. "I have a huge stock. So far, only 30% of the stock has been cleared," he said, highlighting the sluggish demand despite the festive period. The drop in sales has left many shopkeepers worried about recovering their investments.
Essential Goods Also Affected
Rajkumar Ghose, a grocery shop owner, noted that while traders have no control over prices, the relentless rise has significantly impacted the sale of essentials. Customers are cutting back on purchases, even for daily necessities, as their budgets tighten. The ripple effect of inflation is evident across all segments of the market.
Qurbani Sacrifices Under Threat
The steep increase in goat prices has forced many families to reconsider their Qurbani (sacrificial) plans. Syed Noor Ahmed, a resident of Falumari village, lamented, "We have to give up Qurbani this year. Even a small goat costs Rs 6,000." For many low-income households, such expenses have become unaffordable, dampening the spirit of the festival.
Market Sentiment
The overall sentiment in Dhubri markets is one of gloom. Vendors report that footfall has decreased, and customers are only making essential purchases. The combination of high inflation and stagnant incomes has created a challenging environment for both sellers and buyers. The festive cheer that typically accompanies Eid-Ul-Zuha is missing this year, replaced by financial strain and cautious spending.
