Inflation | leave the man. What is the value of Rs. Inflation badly affected purchasing power in last 20 years Known value of one thousand rupees

Inflation | The effect of inflation is hidden. It doesn’t turn, but it takes a lot. Let us see how much the value of Rs 1000 has depreciated in the last 20 years.

Inflation |  leave the man.  What is the value of Rupee.. Panipat has become Panipat.. Inflation has increased so much

Panipat of Rs.

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New Delhi : for inflation (inflation) in economics (Economics) hide it (hiding) They say this is not good. Because it hits hard. But there is no turning back. The worst effect of inflation is the devaluation of money (depreciation)..Purchasing power of the people gradually decreases. Let us take a look at what 1000 rupees used to buy in the last 20 years and what can be bought now.

Inflation has reached record levels in the last five years. There is no cheapness in any area. With the implementation of GST on every item, the items of daily living of the citizens have also increased dramatically. In such a situation, there is no question of running the expenses for the common man now.

According to a verification by Business Today, the prices of some commodities have increased by 400 per cent in the last 20 years. Business Today has taken the prices of food grains, pulses, petrol and petroleum products and some other items for comparison.

The purchasing power of the people has been greatly affected due to the huge increase in the prices of the products. Earlier Indians had to pay low prices for goods. Now their pockets are getting less for the same stuff. The amount in which the grocery used to come. Now it is double the price.

Plain rice was Rs 5.27 per kg in 2000-01. The same rice is now being sold for Rs 27.55 a kg. At that time 190 kg of rice could be bought for 1000 rupees. Now only 36 kg of rice can be bought for the same rupee.

Wheat prices have increased by 166 percent in these 21 years. The price of jowar has increased by 420 percent. So wheat which can be bought in bulk for Rs 1000, will now be available for few kilos.

At that time the Chandal was Rs 1400 per quintal. Now the price of pulses has increased to Rs 5090 per quintal. The price of urad dal has increased by 264 per cent, moong by 253 per cent and that of masoor by 340 per cent.

In 2002-03, the price of petrol in Delhi was Rs 29.5 per litre. Today petrol has reached Rs 98 per liter. Diesel was available at Rs 19 per litre. Today the price of diesel has increased to Rs 87.5 per litre.

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So in 2004-05 Mumbai had to pay Rs 6000 for every 10 grams of gold. At present, Rs 48,000 per 10 grams of gold is being paid.

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