Eggs, Edible Oil Prices Pinch Pockets Of Common Man
Hyderabad: Prices of eggs and edible oils are pinching the pockets of consumers in the state. Following the government's move to raise the duty of oil imports, prices of sunflower, soyabean and palm oil have skyrocketed to Rs7 per litre on Tuesday night. The Telangana state is one of the highest consumption of sunflower and palm oil in the country.
Eggs, who is a staple diet for a common man, has become costly too. Eggs are usually priced around Rs 3 to 5 per unit in the retail market. Now the price hiked to Rs 7. The palm oil which is generally prices around Rs 66, is now being sold at Rs 72. Sunflower oil which is sold at Rs 75, is now Rs 80. Soyabean which was Rs 90, is now sold from Rs 92 to Rs 95 in the markets. The state government-owned Telangana State Cooperative Oilseeds Growers Federation Limited (TSOILFED) has also hiked the prices of the Vijaya brand.