Bakers hold back bread price hike

 The president of the all Goa Bakers Association, Mr Agapito Menezes on Saturday said that the decision to hike the price of the common bread (pav) from Rs 2.50 to Rs 4 from October 1 has been held back following an assurance by the government to provide financial assistance through subsidy.

It may be recalled that the All Goa Bakers Association had decided to increase the price of bread from October 1, claiming that the prices of raw materials had gone up.
“As per the discussions held with the Chief Minister, Mr Manohar Parrikar, on Saturday at his residence, we have decided to hold back the price hike of common bread for some time. The Chief Minister has promised the Association to help the traditional bakers of the state through some schemes,” Mr Menezes said while speaking to ‘The Navhind Times’ after the meeting. He added that all the bakers of Goa have, therefore, been requested to hold back the price hike.
Mr Menezes, along with the vice president of the Association, Mr Joao Agostinho Fernandes from Margao, and the secretary, Mr Alfonso Braganza, met the Chief Minister and apprised him on the matter. “The Chief Minister has assured us that he would give us subsidy on flour. He has called us again on Monday at 5 pm. We hope he will consider our genuine case,” Mr Menezes said.
On Thursday, the All Goa Bakers Association held a meeting in Margao and had decided to increase the price of the common bread by Rs 1.50. They had claimed that the prices of flour, yeast and other raw material including firewood had gone up. The decision of the Association had, however, created panic among the regular bread eaters and the hoteliers in the state. [NT]