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Kozhikode: The reasons for the increase in prices of essential commodities were the topic of a comparative study at a seminar in connection with the South Indian Management Meet, titled “Vista-2010,” organised by the Calicut Association of Management Students and the University of Calicut here on Thursday. The participants were from various management schools in Kerala and the neighbouring States.
Presenting a paper on the trends of inflation, Sthanu R. Nair, Assistant Professor at the Indian Institute of Management, Kozhikode, said its impact was more visible in the case of foodgrains. Limited domestic production and increased demand of grain were the reason for the uncontrolled rise within the past two years.
Mr. Nair said the slowdown in the agriculture sector paved the way for increased import, a trend visible when data of the 2006-08 period were compared with those of 2008-10.
The seminar dealt with in detail the level of inflation in the pre- and post-liberalisation periods, changes in the agriculture sector, production, import trend and factors determining the prices in separate sessions.
C.P. Mohan Das, regional head of Federal Bank, opened the management meet. V.K. Janardhanan, Head of the Department of Commerce and Management Studies at the university, presided.
M.A. Joseph, Coordinator of the School of Management Studies, and K.P. Rajendran, faculty member, were present.
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