ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Some More Crumbs

Some More Crumbs

and supply positions and profit margins, a cost rise has to be passed on to the consumer. Cotton cloth falls in this latter category. While production has increasingly tended to be shifted to fines and super-fines and to blends with artificial fibres, per capita consumption has remained remarkably stagnant at about 13 metres per annum. While Government has left this end of the production to free market forces, it has sought to control prices at the low price (coarse variety) end, mainly covering shirting, sarees, long-cloth and dhoties. This part of cloth output has been subject to price control since October 1964, the proportion of the industry's total output subject to control being now 25 per cent.

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