Canteen Owners Association announced a price increase on popular food items, including Kottu, a packet of rice, and fried rice. Starting January 1st, 2024, consumers can expect to pay an additional Rs 25 for these menu items, according to the association.

The decision to raise prices is attributed to various factors, including inflationary pressures stemming from VAT increase, increased operational costs, and the rising prices of essential ingredients. Canteen owners express their concerns over the challenging economic environment, prompting the need for a modest adjustment in prices to maintain sustainable business operations.

In addition to the news about canteen prices, there's more financial burden on the horizon as Litro Gas announces an impending price hike set to take effect on January 1st as well.