50 per cent less stock of rakhi's in the market

Neha Basudkar
Friday, 28 July 2017

The dealers informed that the rakhis are transported from Kolkata, Indore, Surat and Mumbai. The retailers from in and around Pune including nearby towns like Phaltan, Satara, Ahmednagar and from within the city from areas like Aundh and Dhankawadi throng to Raviwar Peth to purchase rakhis in bulk. 

Pune: Due to confusion on the application of Goods and Services Tax (GST) on rakhis, the retailers are not keen on buying rakhis from the wholesale market in Raviwar Peth. Rakhi dealers from across the city have said that the purchases have dropped to nearly 50 per cent as compared to last year in light of the lack of clarity on the 
taxation front.  

However, the lull in the wholesale market has not affected the hustle bustle of people making their way to the Raviwar Peth to purchase the newest variants like zardosi, cartoon, light and music rakhi, antique rakhi or bamboo rakhi. 

The dealers informed that the rakhis are transported from Kolkata, Indore, Surat and Mumbai. The retailers from in and around Pune including nearby towns like Phaltan, Satara, Ahmednagar and from within the city from areas like Aundh and Dhankawadi throng to Raviwar Peth to purchase rakhis in bulk. 

People are interested in the new designs rather than the usual designs that rakhis have.   

Shrikant Chavhan, another wholesaler at Ravivar Peth, said, “The consumers are selecting new designs of rakhis like Zardosi which cost Rs 50, antique rakhi which cost from Rs 60 to 100, music rakhis are for Rs 60 and cartoon rakhis is for Rs 30.”

Due to less supply from the wholesale market, consumers, too, are experiencing the pinch, Neha Jain, a doctor, who was purchasing rakhis at Raviwar Peth market said, “People making purchases here are interested in new designs.” Jain added that prices this year have gone up.

Ratan Jhariwala, wholesaler of rakhis at Raviwar Peth said, “The market has dropped by 50 per cent due to less transport from Surat, Kolkata and Mumbai. Transport dealers are demanding bills before transporting the packages of rakhis to different regions. As many factory owners are not in a position to provide ‘pakka bill’ where the GST number is mentioned, the transporters have refused to transport rakhis.”

Eco-friendly rakhis
Bamboo rakhis hit the market this year. They are available in areas like Aundh, Baner, Karve Road and Grahak Peth at Tilak Road. Wholesaler Santosh Baheti said, “Bamboo rakhis are made by tribals from Melghat in Amravati. They are eco-friendly as there is no plastic and the band is made of cotton or silk and there are various designs made by using bamboo sticks. There are sandalwood rakhis also, which too are eco-friendly. Bamboo rakhis range from Rs 30 to 40 and sandalwood rakhis range from Rs 25 to 250.”

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