ANDHRA PRADESH

Cracker traders do brisk business

Staff Reporter

District Cooperative Marketing Society too tries its luck this year

KHAMMAM: All the major towns in Khammam district witnessed brisk sale of crackers on Friday though the prices shot up by 15 to 20 per cent.

According to the sellers, the business of crackers crossed Rs. 2 crores this year. The district headquarters town alone accounted for a business of Rs. 1 crore.

The District Cooperative Marketing Society (DCMS) too was into cracker business this year.

It put up some five stalls in the pavilion ground where some 60 shops were licensed to sell crackers.

It was aimed at giving crackers to people with the least profit margin, said the society officials.

Dry weather

Every shopkeeper had stocks worth more than Rs. 1 lakh and nearly 95 per cent of the stocks were sold by the evening. No one was at loss thanks to the dry weather condition this year, said Srinivasa Rao, a trader who claimed to have made a profit of Rs. 40,000 in just one day. The society had become the biggest rival for all private traders. Almost every one of them was forced to sell crackers at the lowest margin. All the sellers, barring a few, closed down their stalls by 5 p.m.

A majority of them had the supplies directly from Sivakasi, while some of the shopkeepers had them from distributors based at Gannavaram, Tadepalligudem and Eluru. In Bhadrachalam, the traders were permitted to put up stalls on the Godavari river bank. The employees and coal miners got the crackers from their cooperative societies. People were seen purchasing crackers till late in the evening in Sathupalli.

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