Education Scholarships

Direct link to the various education scholarships offered by the Government of India

List of Private NGOs offering education scholarships

Ummid Assistant

Application form for OBC & Domicile Certificate Certificates (Urdu)

Admission to UPSC Coaching Centre run by Dr Ambedkar Competitive Exam Centre (ACEC), Pune

Welcome Guest! You are here: Home » Business & Economy

Prices of essentials rose 18 percent in one year: Assocham

Sunday, October 10, 2010 03:03:44 PM, IANS

Related Article

Food inflation eases to 10.05 pc; Monsoon to soften it further

Food inflation moderated for the second straight week in mid-August to 10.05 per cent as vegetables turned cheaper, but analysts said price volatility will continue till October when fresh crops arrive in   »

New Delhi: Prices of commodities like condiments and spices, eggs, fish, meat, tea, wheat, pulses and coffee rose by 18 percent in the one year between August 2009 and 2010, an industry lobby says.

In the same period, the per capita income of an average Indian rose by 10.4 percent - Rs.4,404 - from Rs.40,141 in August 2009, the study by the Associated Chamber of Commerce and Industry of India (Assocham) adds.

The study says that the rise in prices of essential commodities and per capita income is utterly disproportionate.

The prices of condiments witnessed extremely high volatility - 40 percent - between August 2009 and August 2010.

The survey found that the per capita consumption of condiments and spices in India is on the rise following a change in food habits. Winter, the season of weddings in north India along with Christmas and New Year celebrations, may also lead to an upsurge in the demand for spices.

"The good demand due to upcoming festivals such as Navratras, Dussehra and Diwali, has resulted in condiments and spices prices rising during the festive season," said Assocham secretary general D.S. Rawat.

Prices of eggs, fish and meat also rose over 27 percent between August 2009 and August 2010.

During this period, milk prices increased by 26 percent. Prices of tea increased by 11 percent, while meat prices have increased by 10 percent.

Coffee prices increased by over seven percent during the period. This is because of the anticipated tight supplies that would be just enough to satisfy the growing demand.

 

 

 

 

 

 

  Bookmark and Share

Home | Top of the Page

Comment on this article

Name:
E-mail Address:
Write here...

News Pick

At 61, National Museum to get a facelift

Weekly regional showcases, additional display spaces, digitised state-of-the-art exhibitions, audiovisual guided tours and initiatives to involve children... hoping to be counted as amongst »

Astha of a secular democratic country

Peace without justice can never be enduring. It would be rather a time bound compromise by the weaker side. The brief before the Allahabad High Court verdict on 30th September was that of a title suit on Babri Masjid and Ramjanam  »

‘Slumdog’ movie star turns defiant Palestinian girl

The Indian actress who starred in the award winning blockbuster “Slumdog Millionaire” has moved from the slums of Mumbai to the squalid refugee camps of the West Bank in a new film: the story of a defiant Palestinian   »

RSS, SIMI two sides of same coin: Jaiswal

After Congress general secretary Rahul Gandhi's comments equating the Rashtriya Swayamsewak Sangh (RSS) with the outlawed Students Islamic Movement of India (SIMI), senior Congress leader Sriprakash Jaiswal Friday »

Hindu Mahasabha too not satisfied with the Ayodhya Verdict

 Contrary to the general perception that only Muslims are dissatisfied with the Ayodhya verdict, the Akhil Bharat Hindu Mahasabha (ABHM) today expressed dissatisfaction over the verdict    »

Ayodhya verdict has complicated Bihar poll scene

Since Bihar is the first state which will go to the polls in the aftermath of the Ayodhya verdict, the impact of the controversial judgment is bound to be seen in the results. Intriguingly, the expectations of the two ruling allies   »

More Headlines

Arab-African summit opens with focus on Palestine

British court ordered Muslim woman to remove veil

India, Pakistan had almost agreed on a Kashmir solution: Musharraf

Kavita Raut: A poor village girl's journey to sporting glory

UAE Minister in Forbes' Most Powerful Women list

Hindu Mahasabha too not satisfied with the Ayodhya Verdict

CII inks pact to establish green manufacturing centre

At 61, National Museum to get a facelift

Astha of a secular democratic country

Shiv Sena attacks Rahul Gandhi, Omar Abdullah

Notification for NRIs' voting rights out: Minister

‘Slumdog’ movie star turns defiant Palestinian girl

Middle East Talks: Arab League supports Palestinians stand

 

Top Stories

CWG Tennis: Sania, Somdev in finals, Paes-Bhupathi out

India's Somdev Devvarman was at his fluent best on way to the men's singles final while Sania Mirza took time to come on top in the women's singles semi-final of the tennis   »

'Delhi Games will be rated among the best'

India's CWG tally at 33 as shooters, archers, wrestlers, shine

 

Picture of the Day

Prasanta Karmakar on October 06, created history by becoming the first Indian para-swimmer to get a medal when he claimed bronze in the 50m freestyle event at Dr. SPM Acquatics Complex in New Delhu. Clocking his personal best of 27.48s, Karmakar finished behind Simon Miller of England (26.70). Matthew Cowdrey of Australia bettered his own timing to create a world record in the same event.

(Photo: PTI)

 

  Most Read

India, Pakistan had almost agreed on a Kashmir solution: Musharraf

India and Pakistan had almost reached an agreement on Kashmir issue, said Pakistan's former president Pervez Musharraf, and tried to clarify his earlier remarks on training militants by stressing many "motivated" outfits had existed before he came to power. "We were as close as »

Kavita Raut: A poor village girl's journey to sporting glory

It has been an arduous journey for long distance runner Kavita Raut, a poor tribal girl from Maharashtra, who got into serious athletics nine years ago, and says she is thankful to her coach   »

 
 

 
 
 
 
 
 
 

RSS  |  Contact us

| Quick links

News

 

Subscribe to

Ummid Assistant

 

National

Religion

RSS

Scholarships

About us

International

Culture

Twitter

Government Schemes

Feedback

Regional

History

Facebook

Universities at a Glance

Register

Politics

Opinion

Newsletter

 

Contact us

Business

Career

     

Education

       

 

 

Ummid.com: Disclaimer | Terms of Use | Advertise with us | Link Exchange

Ummid.com is part of the Awaz Multimedia & Publications providing World News, News Analysis and Feature Articles on Education, Health. Politics, Technology, Sports, Entertainment, Industry etc. The articles or the views displayed on this website are for public information and in no way describe the editorial views. The users are entitled to use this site subject to the terms and conditions mentioned.