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Thursday, April 3, 2025

Doubles up by $1

by

20151008

Two days af­ter the coun­try lis­tened to yet an­oth­er deficit bud­get and woes paint­ed of a gloomy econ­o­my, the price of dou­bles has risen.

Two bar­ras and chan­na, sold for $4, is now $5. A trip­ple-three bar­ras and chan­na has al­so been in­creased by $1.

Dou­bles ven­dor for the past 35 years Ma­hase Kan­hai said he felt he had no choice but to in­crease the price.

His busi­ness is on Broad­way, Port-of-Spain.

Say­ing he in­creased the price one day af­ter Fi­nance Min­is­ter Colm Im­bert pre­sent­ed the 2015/2016 fis­cal pack­age in Par­lia­ment, Kan­hai said he be­lieved the in­crease in su­per gas would even­tu­al­ly have an over­all trick­le down ef­fect on all goods and ser­vices.

"It was $4 but we had no choice but to in­crease the price. We added the cost of every­thing and with the pass­ing of the bud­get... gas gone up so every­thing will al­so go up soon," Kan­hai added.

De­spite the in­crease, the 48-year-old man, who op­er­ates the busi­ness with his son, Naren­dra, 26, said the in­flux of cus­tomers had been steady.

"Cus­tomers are still com­ing. They are not com­plain­ing be­cause when it comes to food it is the taste and qual­i­ty that mat­ter... how­ev­er you want to spend your mon­ey... but the $4 was not cut­ting it any­more," Kan­hai added.

Asked whether he be­lieved the dou­bles busi­ness was be­com­ing more and more dif­fi­cult to sus­tain Kan­hai said it all had to do with mar­ket prices, adding: "As the cost goes up we will go up too. In busi­ness it is about prof­it so I will ad­just to suit."

He said oth­er dou­bles ven­dors in Cen­tral and along the East/West Cor­ri­dor had al­so in­creased their prices.

Shawn Sadd Nag­im, who op­er­ates the Nag­im and Sons dou­bles on Cha­con Street, Port-of-Spain, said he too was ex­pect­ed to in­crease his price but he would give his cus­tomers am­ple warn­ing.

He said: "We are mon­i­tor­ing our goods prices ac­cord­ing to what we have right now so when we cal­cu­late it then it will be ad­just­ed to suit.

"How­ev­er, this will not be in the near fu­ture but it will be ad­just­ed even­tu­al­ly.

"Peo­ple will take ad­van­tage of the price hike. The gro­ceries would nor­mal­ly raise their prices and ac­cord­ing to what we get we will have to pass it on to the con­sumer but at least we would give them no­tice, com­pared to oth­er peo­ple."

Say­ing his price in­crease was ex­pect­ed to take ef­fect by the end of the year Sadd Nag­im added his new cost for a dou­bles was ex­pect­ed to be be­tween $4.50 and $5.

Asked whether he be­lieved the de­crease in Val­ue Added Tax (VAT) from 15 per cent to 12.5 per cent would as­sist small busi­ness­es Sadd Nag­im said:

"The drop in VAT would bal­ance off but it is ac­cord­ing to the su­per­mar­kets be­cause they would take ad­van­tage and give con­sumers the same prices as be­fore so we would have no choice but to in­crease.

"Once the Su­per­mar­ket As­so­ci­a­tion can clar­i­fy the prices we will work to­geth­er with them," Sadd Nag­im, who has been sell­ing on the same spot for the past ten years said.

In 2008, the price of the pop­u­lar sta­ble rose from $3 to $4.

REG­U­LARISE SMALL BUSI­NESS­ES

Sev­er­al Face­book users who ex­pressed their dis­plea­sure by the dou­bles hike said the time was long over­due to reg­u­larise busi­ness­es that do not pay tax­es.

"Make them have to reg­is­ter their busi­ness­es to op­er­ate. With­out the nec­es­sary au­tho­ri­sa­tion you can­not sell noth­ing. Make them pro­vide fi­nan­cial records and set up busi­ness ac­counts, then let them pay tax­es on that," the user said, adding that the hike was "ad­van­tage" to poor peo­ple.

An­oth­er sug­gest­ed that peo­ple buy fruits in­stead which were far health­i­er than street food.

A few oth­ers called on cit­i­zens to boy­cott dou­bles, say­ing the pur­chas­ing pow­er ul­ti­mate­ly lay with them.

"You have a choice do not buy it. These peo­ple are haters I am sure he had those in­gre­di­ents be­fore the Bud­get be­cause they buy in bulk. Tough luck... make your sand­wich from home," one per­son added..


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