Matchbox price to increase to Rs 2 from December 1, rate revised after 14 years

Asia's Tech News Daily

Matchbox price to increase to Rs 2 from December 1, rate revised after 14 years
© Provided by Zee News

New Delhi: Matchbox prices are all set to rise after 14 years, as the rising inflation increased the prices of the raw materials. With the upcoming revision, the retail price of matchboxes will be doubled to Rs 2 from the current price of Rs 1 starting from December 1, 2021. 

The last hike in matchbox prices had come in 2007 when the rate of a single box was increased from 50 paise to Rs 1. The latest decision to increase the matchbox prices to Rs 2 has been taken together by all matchbox making companies. 

The All India Chamber of Matches announced that the decision to increase the rate of matches has come after 14 years. The committee members also pointed out that the decision has been taken after taking into consideration the rising inflation. 

According to matchbox manufacturers, 14 different types of raw materials are required to make a matchbox. The prices of many such materials have more than doubled in the past 14 years, leading to an increase in matchbox manufacturing costs.

For instance, the price of Red Phosphorus has increased from Rs 425 to Rs 810 while wax rates have increased from Rs 58 to Rs 80. The cost of the Outer Box Board has increased from Rs 36 to Rs 55 and the inner box board’s rate has increased from Rs 32 to Rs 58. Also Read: IPO-bound Nykaa acquires home-grown skincare brand Dot & Key

The prices of other materials such as paper, splint, potassium chlorate, and sulfur, among others, which are required to make a matchbox, have also increased in October 2021. Also Read: 5 smartphones under Rs 20,000 to buy this Diwali: Check top Realme, Redmi, Oppo devices

Internet Explorer Channel Network
Asia's Tech News Daily
News Related

OTHER NEWS

Liverpool University issues trigger warning for course about the North

© Provided by Daily Mail MailOnline logo Northerners are rightly famous for plain-speaking, friendliness to strangers, a sense of community and the sort of humour that made Morecambe and Wise ... Read more »

CNN fires host Chris Cuomo after helping brother in sexual harassment scandal

CNN announced Saturday that its popular TV host Chris Cuomo has been terminated following revelations that he had aided his brother, former New York governor Andrew Cuomo, after he was ... Read more »

3rd worker at federal prison charged with sexual misconduct

Federal Prisons Sexual Misconduct (AP2006) A federal correctional officer at a women’s prison in California was charged Friday with sexually abusing an inmate, just months after the prison’s warden was ... Read more »

Adverts claiming cryptocurrencies will make you rich are everywhere

© Provided by This Is Money MailOnline logo Financial experts are calling for the Government to grant the City regulator powers to control the alarming growth in adverts for high-risk ... Read more »

Time to Revamp Your Go-To Gingerbread Cookie Recipe With Martha Stewart's Molasses & Ginger Cookies

© Charles SYkes/AP. Design: Ashley Britton/SheKnows. Instead of your typical gingerbread houses, time to spice things up with one of Martha Stewart’s classic recipes: her Molasses-Ginger Crisps. Made with three ... Read more »

Hurry — Sephora Finally Revealed All the Must-Have Skincare Gift Sets & Our Top Picks Are All Less Than $40

© Glow Recipe. Whether it be an Amazon Daily Deal or the random sale from Rue La La, we can’t get enough of all the sales that come with the ... Read more »

Chris Cuomo officially terminated from CNN following investigation

Chris Cuomo was officially terminated by CNN after an investigation into his involvement with the misconduct case against his brother, former governor of New York Andrew Cuomo. (Photo by Dimitrios ... Read more »

Das Spektakel und seine Richter

Der VAR und der Schiedsrichter entscheiden ein aufregendes Spitzenspiel in Dortmund – nach Lewandowskis Elfmeter gewinnt Bayern 3:2. © Foto: Keystone Schiedsrichter Zwayer muss sich in der Partie zwischen Dortmund ... Read more »

YB gefährdet seine eigene Aufholjagd

© KEYSTONE/ANTHONY ANEX YB beherrscht daheim gegen Servette die erste Halbzeit und geht in Führung. Eine Unüberlegtheit von Christopher Martins stoppt alles. Die Berner verlieren nach zwei Standards von Kastriot ... Read more »

Remo Freuler entscheidet Spitzenspiel

© KEYSTONE/AP/Alessandro Garofalo Am Samstag standen in der Serie A die Top 5 im Einsatz – und es kam zum Leaderwechsel. Weil Napoli das Spitzenspiel daheim gegen Atalanta Bergamo 2:3 ... Read more »

Gottéron gewinnt, doch Zug holt einen Punkt auf

© Keystone/PostFinance/PATRICK B. KRAEMER Fribourg-Gottéron gewinnt das Spitzenspiel bei den Rapperswil-Jona Lakers mit 5:4 nach Verlängerung. Für die Romands ist es der vierte Sieg in der fünften Verlängerung in der ... Read more »

Massive Kursverluste von Bitcoin nach Gewinnmitnahmen

© KEYSTONE/EPA/Rodrigo Sura Die Kryptowährung Bitcoin hat am Samstag zeitweise mehr als ein Fünftel an Wert verloren, sich im Verlauf aber wieder etwas erholt. Im frühen Handel ging es für ... Read more »

Leader Fribourg gewinnt auch gegen Rappi – auch Zug und ZSC siegen

© keystone Teaserbild Rapperswil – Fribourg 4:5 n.V. Fribourg-Gottéron baut seine Tabellenführung mit einem 5:4-Sieg nach Verlängerung im Spitzenkampf bei den Rapperswil-Jona Lakers aus. David Desharnais erzielt den Siegtreffer nach ... Read more »

Die Overtime-Könige aus Freiburg schlagen erneut zu

© KEYSTONE/PostFinance/PATRICK B. KRAEMER Fribourg-Gottéron gewinnt den Spitzenkampf bei den Rapperswil-Jona Lakers mit 5:4 nach Verlängerung. David Desharnais erzielt den Siegtreffer nach 35 Sekunden im Nachsitzen. Der französische Internationale mit ... Read more »

Zwei Aufreger und ein Abend zum Vergessen

Unvermögen, fehlendes Glück und der vorzeitige Abgang von Punnenovs und Pesonen: Die SCL Tigers unterliegen Zug 0:5. © Foto: Pascal Müller (Freshfocus) Tim Grossniklaus und Janis Elsener führen den benommenen ... Read more »

So lief die Samstagsrunde: Bieler Schock – wie schwer ist Brunner verletzt?

© Bereitgestellt von Blick Bieler Schock – wie schwer ist Brunner verletzt? Biel – Servette 1:3 Nur vier Siege hat Biel aus den letzten zehn Spielen geholt. Auch gegen Servette ... Read more »

Lionel Messi discusses importance of staying humble and disliking being a role model

Lionel Messi has admitted he has never liked being viewed as a role model throughout his illustrious playing career and has conceded his success is down to God. To many, ... Read more »

Australia approves Covid vaccine for children aged 5-11

© NORBERTO DUARTE Australia has granted provisional approval for the Pfizer-BioNTech vaccine against Covid-19 to be given to children aged five to 11 Australia on Sunday cleared the first Covid-19 ... Read more »

Germany: Pilot performs emergency landing on autobahn bridge

© Provided by dw.com The pilot only had a matter of minutes to decide where to land his plane after discovering an engine failure A pilot crashed his light aircraft ... Read more »

'He spotted an issue': Harshal Patel reveals how former pacer Zaheer Khan helped him to improve bowling skill

© Provided by WION Indian pacer Harshal Patel, who emerged as a star player during the Indian Premier League 2021 with 32 wickets, revealed how a small tip from former ... Read more »

Voters protest disqualification of Venezuelan candidate

© Copyright 2021 The Associated Press. All rights reserved Venezuela Opposition – Copyright 2021 The Associated Press. All rights reserved About 500 supporters of a Venezuelan gubernatorial opposition candidate who ... Read more »

Chris Cuomo has been fired, CNN says

© 2019 Invision CNN has fired Chris Cuomo, the network says – 2019 Invision CNN has fired Chris Cuomo, the network has announced. “Chris Cuomo was suspended earlier this week ... Read more »

Biden and Putin schedule video call amid fears of Ukraine invasion

© via REUTERS Russian President Vladimir Putin and US President Joe Biden attend a meeting at Villa La Grange in Geneva, Switzerland on 16 June, 2021 – via REUTERS US ... Read more »

Virgin Atlantic blasts new travel curbs as it seeks more cash

© Provided by This Is Money MailOnline logo The boss of Virgin Atlantic has slammed the Government’s latest travel restrictions as the airline holds talks with its backers to raise ... Read more »

WATCH: Dallas Turner sacks Stetson Bennett to force a UGA FG

© Provided by Roll Tide Wire After a punt from each team, Georgia was able to knock in a field goal to take an early 3-0 lead over the Tide. Georgia ... Read more »

WATCH: Bryce Young threads the needle to give Alabama the lead

© Provided by Roll Tide Wire Alabama has taken a 14-10 lead over the Georgia Bulldogs thanks to an absolute dime from Bryce Young in the back of the endzone to ... Read more »

Former LSU assistant Dave Aranda helps Brian Kelly's old team

© Provided by LSU Tigers Wire The first domino for College Football Playoff chaos has fallen. In the Big 12 Championship game on Saturday, former LSU assistant Dave Aranda led ... Read more »

Georgia leaves Alabama WR Jameson Williams uncovered, immediately regrets it

© Provided by Touchdown Wire There’s no question that the Georgia Bulldogs have the NCAA’s best defense, and it’s been that way all season. And in the SEC Championship, Georgia’s ... Read more »

Akhil dictates terms for Kerala

© Provided by The Times of India Kochi: Kerala’s attackers are receiving all the plaudits for the team’s good start in the south zone qualifiers of the 75th Santosh Trophy. ... Read more »

Packers activate OLB Jonathan Garvin from COVID-19 reserve list

© AP The Packers need a fourth outside linebacker, and there’s a good chance Garvin – a 2020 seventh-round pick – is the favorite entering the preseason finale. He certainly ... Read more »

Thank you, Baylor - now enjoy the Fiesta Bowl

© Provided by Fighting Irish Wire Notre Dame fans are delighted this afternoon as the Baylor Bears knocked off Oklahoma State in the Big 12 championship and the Cowboys out ... Read more »

Ben Roethlisberger thinks this is the end as Steelers QB

© Provided by Fansided Ben Roethlisberger reportedly thinks that this will be his final season as Pittsburgh Steelers quarterback. The Pittsburgh Steelers‘ playoff chances are looking a bit bleaker following ... Read more »

Alabama, Georgia fans have strong feelings on CBS broadcast team of Brad Nessler and Gary Danielson

© Provided by Fansided Alabama and Georgia football fans both had the same complaints about CBS broadcasting pair Brad Nessler and Gary Danielson during the SEC title game. The SEC ... Read more »

Pylon Cam Photo Shows How Close Oklahoma State Came To Beating Baylor

© Provided by The Spun Spencer Sanders rolls out of the pocket. How many times has it been said? Football is a game of inches. That was certainly the case ... Read more »

Broncos Make Decision On RB Melvin Gordon For Sunday

© Provided by The Spun Kareem Jackson and Melvin Gordon on the field for the Broncos The Denver Broncos will be down the team’s leading rusher on Sunday. According to ... Read more »

When was the last time Alabama football was an underdog?

© Provided by Fansided Nick Saban’s Alabama football team generally doesn’t find itself as an underdog, but that was the case when the Crimson Tide met the Georgia Bulldogs in ... Read more »

Western Mustangs beat Saskatchewan Huskies 27-21 in 56th Vanier Cup, led by two TD catches from Griffin Campbell

© Provided by The Comeback Western WR Griffin Campbell scores a Vanier Cup touchdown. The Western Mustangs have claimed their eighth Vanier Cup, and their first since 2017. The 56th ... Read more »

3 Baltimore-area residents confirmed to have omicron variant

Health experts say there remains much unknown about the COVID-19 omicron variant. For now, doctors continue to say the best form of defense is getting vaccinated. Read more »

Sunday shows preview: Multiple states detect cases of the omicron variant

Coronavirus vaccine getting put into arm The detection of the newly identified omicron COVID-19 variant in multiple U.S. states is expected to dominate this week's Sunday show circuit. Earlier this ... Read more »

Ethiopia: Four young sisters among those caught up in country's bloody civil war

The human sacrifice, pain, and injuries suffered throughout the conflict in Ethiopia remains unknown, but the impact of the violence can be felt after speaking with the Yigzaw family. Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic