date:May 28, 2014
ich were significantly higher than the wholesale price index (WPI).
Normally, the difference between the WSP and retail price, on an average, stays around 30 per cent. However, it has been much higher, as seen in the findings of paper.
Commenting on ASSOCHAMs findings, its secretary general, D S Rawat said, WSP benefited middlemen and traders multiple times, particularly for sale of essential commodities.
In the process, the worst hit remained farmers and consumers. The formers margins were