Inflation is severely impacting India these days. Everything is at least twice as expensive as it used to be. Diwali was yesterday, but it didn’t feel like the Diwali of five or six years ago. Typically, people buy lots of crackers, new clothes, and bring something new into their homes, but this year, it was quite different. It seemed like most people just stayed at home, cooked food, and decorated their homes. Very few people set off fireworks. While it’s beneficial for the environment to have fewer crackers, something still felt missing.
Many people avoided buying crackers this year because of the high prices. Normally, the chemicals used to make crackers are imported from China, where they are relatively cheap. However, this year, China used most of these chemicals for the Olympics, leading to delays in supply to India. As a result, Indian factories had to source the chemicals locally, driving up the cost significantly. Consequently, crackers became at least twice as expensive.
The primary reason behind the reduced use of crackers is the overall rise in living costs in India. People are struggling financially and are prioritizing their essential needs over celebrations. For instance, I bought tomatoes for Rs. 50 per kilo, which is unprecedentedly high. Uncle Udo mentioned that tomatoes cost Rs. 70-80 per kilo in Germany, so while the prices are somewhat comparable, the income disparity between the two countries is enormous.
I understand that agricultural products tend to be more expensive in developed countries, but the situation here is still troubling. I spoke to many people about their Diwali celebrations, and most of them said it was lackluster due to inflation. If this trend continues, many middle-class families could fall into poverty again.