Indian Housewives And Rising Prices

Fortunately, most Indian housewives don’t exercise that option and instead curse their fate while shelling out more than Rs.60 a kg for daal (pulses), more than Rs.40 per kg for tomatoes; and a further amount of around Rs.60 a kg for capsicum. Even rising wheat prices are triggering alarm bells with the government announcing wheat imports. The obvious question is, if the farmer is not getting better returns and the housewife is paying through her nose, where is the money going? If neither production has gone down, nor has the consumption skyrocketed, then why are prices hitting the roof? Trader S. Dhyani acerbically blames it on futures trading in the commodity market.


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Source:- IIPM-Business and Economy,

Initiative:- Prof. Arindam Chaudhuri