Essay on price rise in india 2010

News million already live on less than a dollar a day. Indians are aware of the need for birth control, but too many remain ignorant of contraception methods or are unwilling to discuss them.

Essay on price rise in india 2010

What are the Important Causes of Rise in the Prices?

Essay on Rising Prices in India

With regard to the factors contributing to the rise in the general price-level, one may mention that on the demand side the following factors have operated: On the supply side the factors which have influenced price level are the following: Rapid Growth of Population: According to Census, the population which was The growth rate at 1.

Increase in the incomes of a sizeable part of the population added to the demand for goods. The process, unaccompanied by a corresponding increase in consumer goods raised the price level. Deficit Spending for Development: Deficit spending increases the money supply in the hands of people and if not accompanied by increase in the supply of consumer goods, it results in raising the price levels.

Increase in Money Supply: An increase which exceeds the genuine expanding needs of the community leads to higher monetization of the needs such as transactions. This is another way of saying that prices are at higher levels. In the nineties, a rapid accumulation of foreign exchange assets had also caused the expansion of money supply.

The inadequacy of agricultural output to match the rising demand has been an important factor causing the price level to rise from the supply side. With demand for these goods generally inelastic, even marginal change in output has caused disproportionate increase in prices.

Industrial production, though not unsatisfactory on the whole, has not been adequate particularly in respect of certain essential industrial products like basic consumer goods and important industrial and agricultural inputs.

Essay on price rise in india 2010

The decline in the growth rate began in the mid-sixties and persisted till the mid-seventies. The recovery thereafter has, no doubt, pushed up the industrial growth rate, but the demand has been continuously raising causing prices to rise.

An important factor, which has contributed substantially in rapidly raising the price level, is the high prices we had to pay for such vital imports such as petroleum, oil and lubricants, fertilisers and chemical products and food grains. These have raised the cost of many products and since these imports are used in many vital sectors of the economy like transport, agriculture, etc.Price rise is one of the most ticklish current problems.

Whenever we go to make some purchases in the market, we learn to our great disappointment that the prices of most of the commodities have risen. I. The End of Pax Americana During the s, when I would visit India—where I grew up—most Indians were fascinated by the United States.

Essay on price rise in india 2010

Their interest, I have to confess, was not in the. According to the OPEC, the price will increase from $80 to $90 in the first quarter of In June , US carried on borrowing excessively from China to pay for deficit spending and two US car manufacturers, GM and Chrysler, went bankrupt.

An essay has been defined in a variety of ways.

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One definition is a "prose composition with a focused subject of discussion" or a "long, systematic discourse". It . Essay about Price Rise in India Despite of continuous claims of curbing price rise making by the government, prices of commodities rose by more than per cent in comparison with the per capita income in the past one year.

My President Was Black. A history of the first African American White House—and of what came next.

Bachelor in Electrical Engineering from a reputed university in India, ; Associate Consultant at a Financial Services Company, India, - The food price increase in India, While food prices have increased sharply on the world market, with a composite price index for wheat, corn, and rice doubling over the last three years, and the price of rice doubling in just. Increase in money supply: Over the last few years the rate of increase in money supply has varied between 15 and 18 per cent, whereas the national output has increased at .
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