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Price Index of Natural Rubber
1 CommentNatural Rubber Year RSS 4 /Quintal Price Index 1983 1672 100.00 1984 1689 101.34 1985 1694 101.64 1986 1670 100.20 1987 1766 105.96 1988 1811 108.66 1989 2040 122.40 1990 2117 127.02 1991 2128 127.68 1992 2463 147.78 1993 2546 152.76 1994 3107 186.42 1995 5059 303.54 1996 5122 307.32 1997 3988 239.28 1998 3013 180.78 1999 2997 179.82 2000 3125 187.50 2001 3109 186.54 2002 3621 217.26 2003 4814 288.84 2004 5571 334.26 2005 6068 364.08 2006 8783 526.98 2007 9006 540.36 2008 10775 646.50 2009 9756 585.36 2010 16908 1014.48 Salary of University asistant is an evidence of profit of a Govt Servant.
Now we look with the wage/salary index category of Govt. servants and other workers. From office records one can easily observe that an Assistant in any university of Kerala would draw an initial basic pay of Rs. 675 carrying a DA of Rs. 112 with a total of Rs. 797 (excluding other allowances such as HRA, CCA which vary from place to place) during 1983 where as initial starting basic pay for the same post is Rs. 7990 carrying a DA of Rs. 3036 with a total of Rs. 11,026 during 2008. Thus the salary index of the salary of an Assistant who will enter in service during 2008 is 1383. Thus the salary increase noticed on the initial appointment as Assistant in an University during 2008 is 13.83 times that of 1983. From the diary records one could observe that the wage given to an agricultural labourer during 1983 would be Rs. 20 where as the wage given today is Rs. 350 which is around 17.5 tines the wage of 1983.The farmer have to get a price of natural rubber in 2008 was Rs. 231.24/Kg. (16.72 x 13.83) or the Assistant was able to get a salary of Rs. 5157 (797 x 6.47) only. This was only a justice to the farmer to avoid suicide attemts.
Price Indices of major agricultural commodities with base year 1983 in Kerala
The land value increased in 25 years is 75 times in my area.
One Response to “Price Index of Natural Rubber”
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basheer said on 22 March 2010 at 3:00 PM
informative.. thanks








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