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Sheep, goat prices hit the roof
Prices of goat and sheep in Hyderabad may shoot up this Bakrid. It is attributed to increase in transport charges and impact of Goods and Services Tax (GST).Transportation charges, logistics, higher demand coupled with Sheep Distribution Scheme launched by the State government seem to have cumulative impact on the prices of sheep/goat this Bakrid.
Hyderabad: Prices of goat and sheep in Hyderabad may shoot up this Bakrid. It is attributed to increase in transport charges and impact of Goods and Services Tax (GST).Transportation charges, logistics, higher demand coupled with Sheep Distribution Scheme launched by the State government seem to have cumulative impact on the prices of sheep/goat this Bakrid.
Sheep traders are hinting that each animal (sheep or goat) may cost about Rs 8,000 and more during this Bakrid. There has been increase in demand for sheep for the last two months in the Twin Cities.
The price for sheep/goat has gone up over the past two years from Rs 4,500 to Rs 6,500 each animal. Some varieties of sheep are being sold at Rs 10,000 and more. Sheep trader Ghouse Qureshi said transport and logistics involved in the business have led to increase in prices of the animals. He said, “We prefer to bring the animals from nearby districts, but sometimes we are forced to purchase the sheep from Karnataka or Maharashtra. Logistics involved in transportation, feed, grass and other things have been increased this time.”
This time the sheep distribution scheme of Telangana State government has also impacted the prices of animals because traders feel it difficult to purchase animals in bulk for Bakrid, he added. Bakrid is expected to be on September 1 this year and sheep traders have already started bringing animals to city for business.
Besides this, the demand for sheep has been increasing over past three years in city following many socio-political reasons. It was observed that people refrained from resorting to sacrifice bull or other cattle on Bakrid and prefer sheep or goat.
Sheep trader Mohammed Suhaib said following the appeals by clerics and religious leaders, people have stopped looking for bull or bullock during Bakrid and thus demand for sheep has gone up. “Increased demand has enhanced prices and the made this a costly affair this time”, he added.
Mohammed Farooq, a lab technician, said he could not afford to sacrifice sheep and said that it was out of the reach of middle class person. He said prices of animals even on the third day of Eid remained high last year that disappointed many people.
BY Mohammed Younus
