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Rising trend of farm prices: causes and remedies
By Siraj-ul-Hasan
ARTICLE (October 17 2002) : A study of farm prices reveals that wholesale prices of most of the products followed an upward trend during the last five years as is evident from the Index Number of three Commodity groups (base year 1990-91) given in Table I.
A close examination of the above figures shows that general price index continued rising year by year except for 1999-2000, when it was lower by about 6 points than the previous year. Food items price index shows a continuous rising trend over the year. Raw material group, like the general group showed some easiness in its price index during 1999-2000 as compared to the previous year.
| Year |
General |
Food |
Raw |
| 1996-97 |
199.92 |
205.90 |
215.40 |
| 1997-98 |
213.08 |
220.78 |
232.78 |
| 1998-99 |
236.60 |
235.68 |
286.10 |
| 1999-2000 |
230.62 |
236.89 |
229.25 |
| 2000-2001 |
244.95 |
244.09 |
248.64 |
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