😥 Sugar price hike strains Mysuru hotels
The hotel industry in Mysuru is facing significant pressure due to the sharp increase in essential commodity prices. Sugar prices have nearly doubled from around ₹40 to ₹72 per kg in just 15 days. This surge is partly linked to increased sugar usage for ethanol production, according to the Mysuru Hotel Owners’ Association. Onion prices jumped from ₹18 to ₹50 a kg, and rice increased from ₹50-₹55 to ₹70 a kg. The association has urged the government to intervene immediately to stabilize prices and offer relief. 😥