Web Analytics Business News This Week Bottlenecks Pushing Prices up in Indian Market | Business News This Week

Jan 8, 2011

Bottlenecks Pushing Prices up in Indian Market

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The raising prices undoubtedly a big concern for the government of India and Indian economy. And the bottlenecks could be the major reason for the price instability in India. This has been affecting the demand and supply forces and the prices in the market.

The price phenomenon or price theory in a market largely depends on the nature of the market along with the demand and supply forces in the market. In this case, the supply side has been affected which causing the upward movements in the prices of goods in the market.

The essential goods and vegetable are being sold at highest ever seen or hear prices. Bottleneck or blocking, hoarding or storing goods and prices for maximum profit causing the price rise in Indian market.

The big question is who is going to check these - the state governments or the central governments. Even the slogan of 'Jago Grahak' (consumer awareness campaign) seems to be ineffective under these circumstances.


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