The basic price of one kilo litre (1000 litres) of kerosene has gone up to Rs.77,300 from Rs. 72,832.
Vegetable prices have been soaring after heavy rain in the neighbouring states led to a fall in supply, according to the traders.
Adding to the challenges, there has been shortage of parts triggered by piling up of containers at Shanghai port due to strict lockdown in the city following the surge in COVID-19 cases.
The price of porotta and tea has been increased from Rs 10 to Rs 12 at restaurants. The price of black coffee too has been increased from Rs 8 to Rs 10.
Due to the low electric vehicle adoption, high prices of lithium and cobalt have not directly impacted the industry in India.
While a kg of limes cost between Rs 40-60 till a couple of weeks ago, the rate gradually increased to Rs 150-200 now.
The hike will put a huge financial burden on the people, as per the complaints received by Transport Minister Antony Raju from various quarters, along with the figures.
This is the highest one-time increase in the prices of medicines under price control regime, since the NPPA came into being in 1997.
At Rs 150 per kg a buyer has to shell out at least Rs 100 more for a dressed chicken as one fowl often weighs at least 1.5 kg.
The water tariff will increase on every April 1 till 2024 to meet the eligibility criteria for an additional borrowing of 2% of the Gross State Domestic Product.