Poets who say that these lines are gone, “you have to pay attention to the problem. This is because the price of a cubine reached lakhs and the price of a cub was destroyed. You need to understand that we are exploiting this pair for the price of wheat and gold. This is the case. Heavy wheat is called ‘gold’ and cubic gold for wheat. Recently, when the price of gold is Rs 1 lakh per 10 grams, it is natural to compare it to wheat. So in this article today, when India reached independence in 1947, we will tell you a continuous way that the prices of wheat and gold were very low, but then the prices of wheat were still raging and the price of gold was increased by the speed of the bullet train.
Wheat Gum Saga …
The truth is that India was a ‘agricultural -based’ country. In today’s era, agriculture is not ‘head’ for farmers. No farmer wants to grow up and cultivate his children. Since agriculture is left in Indian society, there is a peak job remaining and most peasants live in struggle. If the crop comes in the field, the weather will be killed. If you survive the weather, they will reach the lowest prices for crops. Even if the price is found, it will kill the debt taken for agriculture. Most of the paddy and wheat are grown in India, which are the main food grain crops. But when we talk about the price, the government cannot afford the maximum price for the farmer for major crops such as wheat and paddy.
When India became independent in 1947, the cost of wheat was 18 paise per kg. At that time, 1 kg of rice (67 paise) and a small packet of tea can be purchased for 1 kg of wheat. At the same time, the minimum support price of wheat (MSP) for the rabbi season of 2025-26 wheat is Rs. That is, during independence, wheat was about Rs. Control.
The comparison of Kanak from 1947
To understand the view of both gold and wheat, we compared the price of 1947 to the price of 2025 by 2025 inflation.
- Gold: 1947 According to inflation, the price of Rs. But the real price of gold is Rs.91,100. It is clear that the price of gold has increased higher than inflation. The reason for this is the global need, the investors’ confidence and the depreciation of currency.
- Wheat: 1947 At about Rs. This shows that wheat prices have increased at almost equal speed with inflation.
Area area
In fact, when India gained independence in 1947, the economy was mainly based on agriculture. The prices were very low compared to today at that time. In the 1940s, inflation rate in India was relatively lower, but the impact of World War II and the economic uncertainty of the post -biased state affected wheat and gold prices. In decades after independence, India saw industrialization and the Green Revolution. During this time, the rapid production of wheat in the country increased, and on the other hand, the price of gold began.
In 1964, the gold price was very low and 10 grams of gold was sold for Rs.63.25. It is noteworthy that this price was less than 1947 (Rs. 88.62/10 g). But later the financial crisis of 1971 and the Indo-Pak War led to the rise of gold. By 1980, the price of 10 grams of gold in India reached about Rs 1,800.
On the other hand, wheat production increased due to the Green Revolution in the 1960s, resulting in its prices relatively stable. By 1980, let us know the price of wheat is about Rs 125-150 per quintal. Inflation rate increased in the 1960s and 70s. In particular, the average inflation rate was 6-10% per year due to the oil crisis and the global economic instability in the 1970s. Gold prices were the same period that increased faster than wheat because gold is affected by global markets, while wheat prices depend upon government policies and minimum support price (MSP).
Globalization and market reform
In 1991, when economic reforms connected India’s economy to the global markets, gold prices were directly affected by global demand and distribution. But on the other hand, the prices of wheat depended on government support and stable.
- In 1990, the price of 10 grams of gold was about 3,200, which was Rs 4,400 in 2000.
- But at the same time, the price of wheat was about 600-700 rupees per Quantile by 2000.
During this time, the price of gold was faster than wheat, as gold was gaining popularity as an investment means, while the price of wheat was cheaper due to agricultural production and government intervention.
Why is there so much difference between gold and wheat prices?
- In fact, gold prices are directly affected by the global market, the US dollar strength and geopolitical events.
- Wheat prices depend on its production, government control, government policies (MSP) and weather.
- In addition, gold is an investment tool, increasing its demand during inflation and economic uncertainty.
- Just as the new trade-winning start from the Trump fee around the world, this may further increase the price of gold in the future.
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