Prices of many essentials, especially vegetables, may have shot up, but restaurants are yet to revise the rates of items on their menu. They want to wait to see how the
price graph will go in the coming days before revising the rates. But some of the
small eateries have increased the prices temporarily. Nevertheless, the traders
have asked the government to regulate the prices from soaring further and to set up cold chain facilities.
M Ravi, p resident of the Chennai Hotel Owners Association said that they will wait for another week before revising the rates in their menu. Many small eateries are part of this waiting game.
“We have reduced the usage of veggies and other grocery items that are expensive in our restaurant. Instead of 50 kilos of tomato we are buying only 30 kilos,” he added.
While big hotels are playing the waiting game, many smaller ones have increased the rates by one or two rupees and will further increase them next week if the rates don’t reduce. A small eatery owner in T Nagar, Raja, said that the usage of carrots, beans and tomatoes has been reduced. “But we cannot sustain this for long. We will soon increase rates if the market doesn’t stabilize,” he said. Murali N, managing director, Geetham Veg Restaurant said that their walk-ins have increased as rates of vegetables have gone up. “Looks like our food costs less compared to those cooking at home. But we cannot sustain like this. We are looking at directly tying up with farmers to avoid intermediaries as the government has not started to control black market,” he said.