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Showing posts from February, 1973

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AIR unaware of price hikes

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NK SINGH BHOPAL: The All India Radio authorities at Bhopal seem to be unaware of the sky-rocketing prices. To the utter dismay of the listeners, for the past few months, the prices of wheat have not been included in the food-grain price list daily broadcast by the Bhopal station of AIR. Though the Department of Economics and Statistics of the State Government supplies the wheat prices along with the prices of other commodities daily to the AIR, the latter find it more convenient to ignore them. The reason for this shut-your-eyes step is said to be the too-honest data' provided by the department. According to the figures available with the department, the prices of wheat in the 'open market' vary from Rs. 1.50 to Rs. 1.60 per kg. According to the rates fixed by the State Government -- which now controls the wheat trade right at the very beginning of the production pipe line -- it should not have crossed the Rs. 1 mark. Faced with this peculiar situation the AIR authorities w...
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Prices rise in Bhopal: Wheat @Rs 1.20 kg

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NK SINGH Perhaps never since the Second World War, the extraоdinary 'slack' year of 1966-67 interluding in-between, the prices had gone up so rapidly in the history of Bhopal as in the year 1973. The consumers' price index for Bhopal, which went up from 100 in 1960 (base year) to 199 in 1972, showed a startling rising tendency this year. It shot from 212 in January to 257 in October, and if the persistent trend is any indication, it must have galloped to 270 by now, a rise of about 60 points. Prices of all the essential commodities, especially cereals, pulses, edible oils condiments and spices, showed an alarming increase, most of them shooting up by 50 to 60 per cent as compared to the previous year. Fuel touched an all-time high, and firewood went up by as much as from Rs. 10 to about Rs. 22 per quintal.  Scarcity On top of all this, there was a persistent scarcity of many essential commodities throughout the year. baby food, ghee, Bread, suji and maida were not available...
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