ADVERTISEMENT
Tuesday, January 31st 2023
Today's Paper
The Kashmir Monitor
🔒 Log in
💲 Contribute
No Result
View All Result
  • LatestLive
  • News
  • Kashmir
  • India
  • World
  • Politics
  • Editorial
  • Business
  • Sports
  • Education
  • Health
  • Tech-Film
  • Auto
  • Crypto
  • Travel
The Kashmir Monitor
  • LatestLive
  • News
  • Kashmir
  • India
  • World
  • Politics
  • Editorial
  • Business
  • Sports
  • Education
  • Health
  • Tech-Film
  • Auto
  • Crypto
  • Travel
The Kashmir Monitor
No Result
View All Result
Home Business

Maachis to cost double from December; price hiked after 14 years

Monitor News Desk by Monitor News Desk
Oct. 24, 2021 Updated 5:37 pm. IST
A A
Maachis to cost double from December; price hiked after 14 years


Matchbox, our own humble maachis, is doubling up its prices from December in what can be seen as a clear sign of the rising inflation across India.

ADVERTISEMENT

The price of a matchbox is set to double — from Re 1 to Rs 2 — from December 1 because of an increase in the cost of raw materials used.

AlsoRead

‘Jhoome jo..’: Now, SRK wants to make ‘Pathaan’ sequel

Prime Volleyball League: J&K’s Sajad Hussain Malik appointed ‘Ahmedabad Defenders’ coach

India’s budget will be ray of hope for world: PM Modi ahead of Budget Session

Representatives of five major matchbox industry bodies met at Sivakasi and decided to increase the MRP of a matchbox, TOI reported.

The hike in the price of a matchbox is after a gap of 14 years — last time it was revised from 50 paise to Re 1 in 2007.

Manufacturers pointed out that most of the 14 raw materials used are much costlier now. Red phosphorus now comes at Rs 810 instead of Rs 425 and wax at Rs 80 instead of Rs 58. Prices of box boards, paper, splints, potassium chlorate and sulphur have also increased since October 10.

ADVERTISEMENT

Apart from the above, the hike in fuel prices increased the cost of transportation forcing them to go for an increase in price.


Facebook Twitter Youtube Instagram Whatsapp
Logo

© 2023 The Kashmir Monitor - All rights reserved.

No Result
View All Result
  • Home
  • Latest News
  • Lead Stories
  • News
  • Kashmir
  • India
  • World
  • Politics
  • Education
  • Business
  • Environment
  • Health
  • Sports
  • Editors’ Picks
  • Videos
  • Lifestyle
  • Tech-Film
  • Today’s Paper

© 2023 The Kashmir Monitor - All rights reserved.