Talk to anyone and you would find them inadvertently talking about “Inflation” and how the power of rupee is depreciating rapidly. How the household budget is going for a toss with ever increasing prices.
Economic times came out with a nice info graphic showing What a rupee can buy now and what it used to buy in good old days.
Early 1950s: A rupee could buy 3.5 Kg of rice or 500 gram of chicken or 0.5 meter of cotton cloths or travel to 50 Kms in a bus.
Early 1960s: Rice became expensive. Now you could only buy 1 kg rice in a rupee.
Early 1970s: Bus rides became expensive. In small town you could travel 19 Kms while in Mumbai you could travel 9 Kms. In Mumbai a rupee could buy you two Udupi thalis.
Early 1980s: A pack of non-filter cigarettes. In Kolkatta the tickets to the cheapest seats in cinema
Early 1990s: A local call from pay phone or get your weight from the weighing machines placed at railway stations.
And now these are the things you can buy in Rs. 1
- Shampoo / Oil sachet
- Sulabh Sauchalaya
- Match boxes
- And much more…
What did you buy last with the Rs. 1 coin?