A matchbox to cost ₹2 from December 1, consumers to get more matchsticks
The Hindu
The proposed price increase comes after a gap of 14 years
Effective December 1, the price of a matchbox would be ₹2 from the present ₹1 and this is in view of a rise in production cost, triggered by an increase in price of raw materials, the industry body said on Sunday.
Consumers would, however, get more matchsticks in a box when they buy it at ₹2, up from 36 matchsticks to 50 per box.
The proposed price increase comes after a gap of 14 years, Secretary of the National Small Matchbox Manufacturers Association, V.S. Sethurathinam said.
As speculation over the continuation of Minister for Scheduled Tribes Welfare B. Nagendra in the Cabinet persisted, with the demand for his resignation raised by the BJP in connection with the ₹94 crore scam at the Maharshi Valmiki Scheduled Tribes Development Corporation, his Cabinet colleagues came to his defence on Thursday.