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Commercial industry selling oxygen to hospitals at thrice the market rate

YB WEB DESK. Dated: 4/22/2021 11:28:43 AM

Mumbai, Apr 21 Oxygen, be it for hospitals or citizens getting treatment at home, is getting costlier with every passing day. On the one hand, while the cost of refilling oxygen cylinders has increased manifold, the cost of oxygen concentrators used at home has also surged by 25- 50 per cent. During an on-ground investigation on Tuesday, mid-day found that even as the pandemic rages, the shortage has driven the prices to three-five times the previous cost. On Tuesday, mid-day visited Kolsa Bunder and Daru Khana areas in Reay Road, which houses many scrap units. Maximum number of industries located there use oxygen for their work. With supply of oxygen for industrial purposes stopped by the government, 90 per cent of the suppliers have shut shop. However, those who are managing to procure some stock, are selling it at a premium, because of what they say is the high cost of procurement.