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Price of petrol in India in year 1921

 Cost of petroleum in India in year 1921

How much has costs of petroleum, different items gone up since Independence?

Gold is one of the items whose cost has contacted new statures since autonomy. In 1947, 10 grams of gold used to cost Rs 88.62, according to the Indian Post Gold Coin Services. Presently, similar expenses over Rs 46,000

India accomplished its autonomy on 15 August, 1947. From that point forward, the nation has gone through an ocean changes, including the estimating of different things. Since Independence, the costs of a few things have soar. We can all review those accounts of rolls costing a couple paise or travel being less expensive, and they were not off-base.


This is a glance at the way the costs of specific products have changed starting around 1947.


Gold


Gold is one of the items whose cost has contacted new statures since autonomy. In 1947, 10 grams of gold used to cost Rs 88.62, according to the Indian Post Gold Coin Services. Presently, similar 10 grams cost over Rs 46,000.


Petroleum


The current cost of petroleum has gradually begun to squeeze the pockets of customers. In Delhi, a liter of petroleum costs Rs 101.84. Yet, in 1947, a similar sum was accessible for only 27 paise.


Air travel


An Air India ticket from Delhi to Mumbai would cost around Rs 140 at the hour of freedom. Presently, as more flights have begun utilizing, the expenses also have gone up a few times. A similar one-way excursion will presently cost customers over Rs 5,300.

Milk:


Milk used to cost 12 paise a liter. The cost has now ascended to Rs 44 for every liter.


Lease:


In those days, the lease for a 2BHK house in Mumbai would be Rs 40 to 50 every month. Presently, contingent upon the area, the lease could run into great many rupees.


Cost of rupee:


The greatest change has been in the worth of rupee. The money was comparable to the US dollar in 1947. The devaluation of the money and other monetary elements have prompted its nonstop ruin. The money is esteemed at Rs 74.28 to $1.

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