Coherent Identifier About this item: 20.500.12592/d8q6zs

Indian Journal of Economics April 1944

1944

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Summary

Inflationary finance is the source of a double rise in the prices of consumable goods; by witdrawing men and resources from the production of cosumable goods to meeting the demands caused by war it reduces the supply of the former ; and secondly by increaing the_ stock of money in the hands of the consumers to purchase this reduced supply of consumable goods it icreases the demand f [...] It is essential that the grade or qqulity should be clearly defined; otherwise unless the gy de for which the price is fixed is absolutely the lowest there is the possibility of deterioration in the quality of the article such as the substitution of adultered ghee for pure ghee; similarly if the price of a phial of patent medicine is fixed the contents of the phial may be reduced. [...] Price control is particularly difficult in India in the absence of reliable statistics of production stocks and consumption the lack of grading facilities the non-emergence of the habit of granting cash receipts for sales the want of strong organisation of producers and dealers and the eistence of a large number of semi-independent provincial governments and States. [...] Effective price control has to take note of 1. the size of supply in relation to demand 2. the different positions of different commodities in relation to demand and 3. the elasticity of the supply of the factors of production in the case of each controlled commodity. [...] The Indian Finance wrote: "We are still in the stage of accomplishing in terms of paper and personnel than of production of the right articles in the right quantities and in the right time." 2. In spite of the groundwork cleared by the Eastern Group Conference and recently by the American Technical Mission the War Supply Department has managed matters with no thought for the morrow.

Title Pages Author/Editor
Price Policy in War-Time 225-238 S.R. Bose

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Economic Control in India During the War 239-260 S. Iyengar

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War Time Control of Foreign Exchanges in India 261-265 R.N. Poduval

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Industrial Disputes During War Time and Their Settlement 266-271 M. Qadir

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Control of Prices 272-280 Anwar Qureshi

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Price Control in the U. P. 281-290 V.S. Ram

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War and Road Transport 291-299 V.V. Ramanadham

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Economics of Price Control 300-307 K.V. Rao

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The Control of Inflation in India 308-313 T. Rao

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Some Aspects of Economic Control in India During the War 314-322 B. Row

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Some Aspects of Price Control in India 323-329 V.R.K. Tilak

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Need for War Time Control of Food Stuffs in India 330-339 Sh. Ullah

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A Fourteenth Century Experiment in Price Control 340-347 Sh. Ullah

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The Depositor and Bank Management 348-354 M.H. Gopal

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Regulation of Joint-Stock Banking in India 355-360 V.R. Pillai

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Banking Reform 361-367 Sovona Sengupta

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Monopolistic Influences in Capitalistic Economy 368-373 R. Balakrishna

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Capitalism in Flux: Recent Changes in the Structure of Capitalism 374-386 Gyan Chand

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The Role of the Excess Profits Tax in Modifying Capitalism 387-394 M.H. Gopal

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Market Mechanism Under Control Its Implications for Economic Theory 395-402 P.S. Prasad

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Structural Changes in the Capitalistic Economy in Relation to Its Rationale 403-408 H. Venkatasubbiah

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Some Structural Changes in the Post-War World Economy 409-417 Anwar Qureshi

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Structural Changes in Capitalistic Economy Ideas of Keynes & Karl Marx 418-443 T. Rao

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Some Aspects of the Recent Structural Changes in the Capitalistic Economy 444-450 P. Srjram

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Proceedings of the Twenty Sixth (1943) all India Economic Conference Held at Madras 451-568 unknown

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Tags

commerce industry

Pages
344
SARF Document ID
sarf.120058

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