he Indian kxpress reported confusionin the Calaitta rice market after tho Indian Government's announcement of a new rice policy to be effective from December 2nd, controlling tho retail price of rico, Since then, prices ‘have risen gonerally: in New Delhi wheat flour has gone up 2 rupees por quintal in ths last faw dsysand the price of cotton cleth is rising because of an artificially created shortaze of yarn,
The Indian Planning Commission roleased figures on November 26th which showed that the price index had rison &4 in the last 9 months; with: the bulk of the incroase in food, sspecinlly rics and sugar. Pish and eggs cost at loast 25% more than at this time last year, besouso large quantities cf the supply is being diverted to meat the requirements of tha’ military personnel,
fecording ta officoal data published by tho Indian Governmont, by the end of July 1963, India's wholesale general prico index had reached 1354, and the food index 137.8 (wit) the 1952-53 figures as 100), an increase of 1.54 and 12.2% respectively ovor December 1962,
Whon the Nehru Govarnment published its 1963-64 budget in Pebruary this yoar, pricss roso more rapidly than ever. in the 3 months between March and July, the wholesale general price indox rose by 6.5% and the food indox by 11.6%. Soaring prices affect particularly such daily necessities 2s rics, edible oil, cloth and keroscne.