cover image: Indian Journal of Economics  April 1944

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Indian Journal of Economics April 1944

1944

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.
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Segment Pages Author Actions
Price Policy in War-Time
225-238 S.R. Bose view
Economic Control in India During the War
239-260 S. Iyengar view
War Time Control of Foreign Exchanges in India
261-265 R.N. Poduval view
Industrial Disputes During War Time and Their Settlement
266-271 M. Qadir view
Control of Prices
272-280 Anwar Qureshi view
Price Control in the U. P.
281-290 V.S. Ram view
War and Road Transport
291-299 V.V. Ramanadham view
Economics of Price Control
300-307 K.V. Rao view
The Control of Inflation in India
308-313 T. Rao view
Some Aspects of Economic Control in India During the War
314-322 B. Row view
Some Aspects of Price Control in India
323-329 V.R.K. Tilak view
Need for War Time Control of Food Stuffs in India
330-339 Sh. Ullah view
A Fourteenth Century Experiment in Price Control
340-347 Sh. Ullah view
The Depositor and Bank Management
348-354 M.H. Gopal view
Regulation of Joint-Stock Banking in India
355-360 V.R. Pillai view
Banking Reform
361-367 Sovona Sengupta view
Monopolistic Influences in Capitalistic Economy
368-373 R. Balakrishna view
Capitalism in Flux: Recent Changes in the Structure of Capitalism
374-386 Gyan Chand view
The Role of the Excess Profits Tax in Modifying Capitalism
387-394 M.H. Gopal view
Market Mechanism Under Control Its Implications for Economic Theory
395-402 P.S. Prasad view
Structural Changes in the Capitalistic Economy in Relation to Its Rationale
403-408 H. Venkatasubbiah view
Some Structural Changes in the Post-War World Economy
409-417 Anwar Qureshi view
Structural Changes in Capitalistic Economy Ideas of Keynes & Karl Marx
418-443 T. Rao view
Some Aspects of the Recent Structural Changes in the Capitalistic Economy
444-450 P. Srjram view
Proceedings of the Twenty Sixth (1943) all India Economic Conference Held at Madras
451-568 unknown view

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