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

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Inflation- Who Pays

 ex-mill and ex-excise duty price of Rs 150 per Quintal. The balance of the output was available to be sold in the free market. Partial control became effective from January 1 this year. Accepting the scheme, the government forecast that the free market price would stabilise around Rs 240 per quintal. But in March prices were pushed up to Rs 305 and the government could do little about it. To some extent the government has been responsible for the up-trend in prices. It has periodically revised upwards the tariff value of sugar

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