LANGUAGE IN INDIA

Strength for Today and Bright Hope for Tomorrow

Volume 14:6 June 2014
ISSN 1930-2940

Managing Editor: M. S. Thirumalai, Ph.D.
Editors: B. Mallikarjun, Ph.D.
         Sam Mohanlal, Ph.D.
         B. A. Sharada, Ph.D.
         A. R. Fatihi, Ph.D.
         Lakhan Gusain, Ph.D.
         Jennifer Marie Bayer, Ph.D.
         S. M. Ravichandran, Ph.D.
         G. Baskaran, Ph.D.
         L. Ramamoorthy, Ph.D.
         C. Subburaman, Ph.D. (Economics)
Assistant Managing Editor: Swarna Thirumalai, M.A.

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Impact of Price Rise on Poor Households –
A Case Study of Chirakkadavu Grama Panchayath, Kottayam, Kerala

Anishkumar P T, M.A., B.Ed.

Abstract

Today, India is facing many problems – the problem of corruption, the problem of unemployment, the problem of illiteracy, the problem of population, so on and so forth. The problem of rising prices is one of the most important problems that Indian is facing now. This problem is two-fold to check the rising prices and, if possible, to bring the prices down.

The prices of essential food items – Rice, cereals, vegetables, pulses, milk products - are astronomical as compared to the prices earlier in the last year. While it is felt by every household, the poorest sections are understandably the worst affected.

Here an attempt is made to analyse the impact of price rise on poor households taking the case of people in Chirakkadavu Grama Panchayath, Kottayam district, Kerala State, India

Introduction - Price Rise in Kerala

The recent LPG cylinder price hike from Rs. 440 to Rs. 933 may be the biggest shock to the consumer, but the aggregate effect of the price hike on the common man’s pocket is even higher.

The cost of living in the state has skyrocketed at an unprecedented pace, if one goes by the upward spiraling rates of essential commodities in the last 365 days. As a result of costs heading northwards, the average monthly budget has increased by an average of Rs. 3,000 to Rs. 5,000.

This is only the beginning part of the article. PLEASE CLICK HERE TO READ THE ENTIRE ARTICLE IN PRINTER-FRIENDLY VERSION.

Anishkumar P T, M.A., B.Ed.
Pendanathu House
Madukkakunnu P O
Urulikunnam 686577
Kottayam District
Kerala
India
anish_21.pt@rediffmail.com
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