Rising Price

[justrana]

Does any body tell me wt is happening in the indian market, y the price of all essential commodities rising..

 

[rounak_jain1985]

price of tomato is 60 rs in dehradun .poor will die. so get rich or die trying.

 

[bb7bb217]

Hello Justrana,

There is simple rule of economics is applying here for this price rise.

The Supply & Demand,
when the demand is more then the supply then the buyers are bid higher prices for the same commodity in results of it. the price of the commodity is going higher & higher.

for example,
As Rounak said about tomato,
If in a shop the price of tomato is rs.40 per kg and the supply of 1000kg tomato against 990kg demand. due to less rain the supply is going to down but the demand is the same, now the supply is 800kg but the demand is 980kg. so people is bidding more then the actual price which rise the price of the tomato and now the price of tomato become rs.60.

Regards,
Birju Sahh

 

[pitsam]

seems in few days chicken will b cheaper than onion ........................

 

[sarup_etceju]

so what could be the mitigation plans to reduce the rising price???