What is the causes of reacent price hike in india?

Question

What is the causes of reacent price hike in india?

Answer 1

Just like everywhere else in the world a good part of inflation is being driven by high energy prices. Not to mention that India has enjoyed a period of expansion.  Expansion leads to inflation if it is not controlled.

Answer 2

LONDON (AFP) - Biofuels have caused world food prices to increase by 75 percent, according to the findings of an unpublished World Bank report published in The Guardian newspaper on Friday.

That may be part of the problem.

Answer 3

now the new generation all viewing to computer jobs. very few and old peoples are doing agriculture. new generation they dont want to soil their hands or foots. no production of agriculture,no food,many consumers,so,,,more money need to buy. we hope sure it will change within years.

Answer 4

well it may be due to quite a few factors:-

#rise in demands

#population explosion

#less stock

#to gain more profit

#so that people cut down on their expenditures.....

Answer 5

Global warming.