Bailpola Festival: Rising Inflation Hits the Bull Market; Prices of Goods Soar

Bailpola is a traditional festival celebrated to honor and express gratitude to the bulls that work tirelessly in the fields. As the festival approaches, there has been a noticeable rush of farmers in the markets, eager to buy the necessary items to decorate and care for their bulls. However, this year, the festival preparations are being impacted by rising inflation.

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Inflation Hits the Bull Market

Farmers are finding it increasingly difficult to purchase goods for their bulls due to the rising prices. From decorative items like colorful kasare, bikini gonde, bashing pair, vesan, zhule, tode, ghungru, dor, jhull, and more, the cost of these materials has seen a significant hike. This surge in prices has made it challenging for farmers to prepare for the festival, especially considering the financial strain many are already under.

Impact of Last Year’s Kharif Season Failure

The situation is further exacerbated by the aftermath of last year's failed Kharif season, which left many farmers without any income. With the harvest still two months away, farmers are struggling to manage their finances, repay loans, and prepare for the festival. The high prices are forcing them to be cautious with their purchases, affecting the overall festive spirit.

Decline in the Number of Bullocks

Another factor influencing the market is the decline in the number of bullocks. In the past, every farmer owned a pair of bullocks, essential for tasks like plowing fields and transporting produce to the market. However, with the advent of mechanization, the reliance on bullocks has decreased significantly. This reduction in demand has impacted the purchase of related goods, such as furniture and other traditional items used during Bailpola.

As Bailpola approaches, the combination of inflation and changing agricultural practices is putting a damper on the celebrations, highlighting the challenges faced by farmers in today's economy.

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