Kerala is staring at a festive season price shock as coconut oil—a kitchen staple in the state—may soar to ₹600 per litre by Onam. The surge is driven by a severe global copra shortage, which has sent fresh coconut prices skyrocketing from ₹35 to ₹85 per kg in just six months. With Supplyco, the state-run Read More…
Tag: onam
Kerala Govt’s Rs 4,800 Crore Onam Borrowing Sparks Economic Concerns
The Kerala government’s move to borrow Rs 4,800 crore ahead of Onam has sparked alarm among financial experts. The funds, intended to cover festival expenses such as welfare payments and employee bonuses, come at a time when the state is already grappling with a growing fiscal crisis. With debt levels soaring and expenditures consistently outpacing Read More…
Onam Preparations in Tamil Nadu: A Flourishing Flower Trade.
As Onam approaches, Tamil Nadu is gearing up for the festival with a vibrant and bustling flower market. The state has witnessed a surge in the trade of flowers, reflecting the significance of the festival in the region. Flower vendors are stocking up on a variety of blooms, from traditional marigolds and jasmine to exotic Read More…