Effect of Price Rise on Different Strata of Society

Data Sheet

Q1) How long has your family been staying in Chennai?

1. 22 yrs 10. Around 3 years

2. (in Bangalore) – 25 11. 5 years

yrs
12. 8 years
3. Uttarammellur since
13. 28 years
20 years
14. 32 years
4. In Mambalam for
the past 8 years 15. 27 years

16. 19 years
5. 14 years

6. Born and Brought 17. 45 years

up in Chennai 18. Family Stays in

7. For 3 Years – In Roypet Delhi

19. Stayed outside from

8. Mambalam for the past
6 months 1985 to 1997

20. Living in Warangal for

9. Local
the past 50 years
Q2) What are the major/ critical regular expenses?

1. High expenditure Husband’s and one

on electricity son’s addiction
(Husband’s clinic),
8. School fees
milk, school fees
9. Rent – Household – LIC–
2. Education fees,
Personal Expenditures
servant,
10. Household –
3. Servant, driver,
Transport – Education
4. Milk, servant,
11. Mortgage –
5. School fees, Household – Fuel –
stationery Servant Salaries –
Education
6. Servant, medicines
for parents – in - 12. Health Expenses-
law Investment –
Mortgage
7. School fees,
Husband’s Chai 13. Food, house rent,
kada (rent, festivals, visiting
ingredients), relatives etc.
14. Food, rent, 17. Household –
transport and leisure Education – Apparel
expense since he also
18. Food – Education
has a girlfriend
19. Household –
15. Food, Transport,
Education – Insurance
Marriages, Bills of
- Loan
various kinds, Studies
etc. 20. Household – Diesel
– Misc
16. Food, rent, Transport,
(2000 Rs sent to
family each month.)

Q3) Approximately what proportion of your income / budget is spent

on these expenses?

1.40 – 45% 7.85%

2.40 – 45% 8.70%

3.60% 9.50%

4.25% 10. 30%

5.90% 11. 70%

6.50% 12. 40%

 13. 35 – 40% 17. 35 – 40%

14. 20% 18. 35%

15. 35 – 40% 19. 30-40%

16. 35 – 40% 20. 50-60%

Q4) What are the major long term expenses?

1.EMI payment education, buying a

house e
2.insurance premiums,
savings, daughter’s 5.insurance premiums,
wedding savings, tuition fees

3.insurance premiums, 6.insurance premiums,

savings, acquiring savings, health funds
property and other for aging parents-in-
assets law

4.Admission of children 7. Daughter- in- law is

in school, their pregnant. Other son
 will also get married 13. Marriages of son and
and have a family. daughter.

8. Eldest grand-daughter 14. None

wants to go to college.
15. None right now. He is
Visiting family in village,
a bit carefree about his
family home
future maybe because he
maintenance, ill health of
has just entered into this
family members,
earning stage.
marriage of grand
children, other 16. Mainly marriages since
they believe in showoff
ceremonies and festivals.
and buying car.
9. Bike – House after
17. Medical Policies
Marriage

10. Nothing planned 18. Insurance

19. Daughter Marriage

11. Nothing Specific

12. Land 20. Taxi

Q5) Approximately what proportion of your income / budget is spent

on these expenses?

1. About 50% 5. 5%

2. About 50% 6. 10%

3. 20% 7. NA

4. 30% 8. NA
 9. 8% 15. 40 - 45%

10. 10% 16. 40%

11. 10% 17. 40%

12. 40% 18. NA

13. 35 - 40% 19. NA

14. 40% 20. NA

Q6) In the past few years has your expenditure on these items
increased/ decreased due to changing prices? (Please specify whether
there has been an increase or decrease. Also, please specify the items
being affected the most by the change in price levels)

3. Increased slightly due

to increase in food
1. Yes
prices.
2. Yes
 4. Expenditure has 11. Increase in day-to-
doubled from 2000 to day expenses (Haircut
4000 from Rs 25 to 35)

5. Diesel liter from Rs 30 12. Yes

to 35
13. Yes
6. Household Rs 3500 ->
14. Yes
5000 ; Cigarette & Tea
Rs 2.5 -> 5.0 15. Yes

16. Yes
7. Labor expenses -
Medicines 17. Yes

8. No major effect. 18. Yes because of

9. Increases in College food prices

fees and Petrol prices 19. Fuel and Gold

10. Considerable Prices

increase in meat and 20. Price rise has been

other food prices a boon for them since
they are businessmen.
So expenditure is
constant but savings
have increased.

Q7) How would you categorize this situation?

(No effect, manageable, few compromises have to be made, many

compromises have to be made, unbearable)
1. Few compromises have 9. Not much effect as we
to be made don’t compromise in
life style
2. Many compromises
have to be made 10. No effect

3. Controllable by 11. As of now no problems

stopping smoking and
12. Manageable
taking liquor.
13. Few compromises have
4. Controllable.
to be made
5. Many compromises in
14. Manageable
day-to-day life
15. Manageable
6. Manageable now – but
will be tough in coming 16. Manageable

10 years 17. Manageable

7. Many compromises 18. Manageable

8. Controllable. 19. Few compromises

20. Good.

Q8) How have you coped with the situation? Are there any specific
reasons why you chose those strategies/ took those decisions in order to
cope with the changing prices?
1. Some compromises made by made by consuming
consuming substitutes or substitutes or lesser quantity
lesser quantity of items, of items.
reduced savings
13. Reduced savings, some
2. Resumed work after death compromises made by
of husband in 2009(stopped consuming substitutes or
working due to injury to lesser quantity of items.
back in accident). Presently
14. Nothing really.
working in two houses.
15. Reduced saving, some
3. Avoiding Smoking and
compromises made by
Alcohol
consuming substitutes or
4. Cutting down food expenses lesser quantity of items.

5. Doing more trips 16. Have rented out family

ancestral house, some
6. Reducing personal
compromises made by
expenditure
consuming substitutes or
7. Proper Planning lesser quantity of items.

8. NA 17. Some compromises made by

9. Nothing consuming substitutes or

lesser quantity of items,
10. No need to cope as
reduced savings
such
18. Nothing need to be
11. Using ways to cut day-
done
to-day expenses
19. Reducing expenditure
12. Adopted new method of
on Entertainment and
saving, Husband’s income has
Shopping
increased, some compromises
 20. NA

Q9) If your family income increases by 20%, how will you allocate it in
your budget?

1. Modification of house, 11. Technology

invest in another Gadgets
house, invest in child
12. Fixed deposits for
plan
Nephews
2. Save
13. Might allocate it
3. Save or Invest for the son’s
education.
4. Save or Payoff loan
14. He is a spendthrift
5. Save
and will spend that
6. Payback loan taken amount too.
from relative during
15. Will save it for
daughter’s wedding,
expansion of business
save.
if ever needed. Also
7. Open another shop for can think into buying a
son. car.
8. Pay off loans and 16. Plans to save it for
educate grandchildren doing BE.
9. Car 17. Investing in shares
10. Savings or buying a car
 18. Renovating Lawn or 19. Buying Honda CRV
buying Ford Fiesta or latest gadgets

20. Savings

Q10) What effect has the change in price levels had on your family’s
savings?

1. Increased 11. All expenditures has

increased, so it had an
2. Reduced (especially
effect on savings
due to school fees and
medicines) 12. Decreased despite of
increase in income
3. Can’t say really
13. Decreased a bit
4. Reduced
14. Doesn’t care much
5. Almost same
about it
6. Reduced
15. Nothing
7. Reduced
16. Very little effect
8. Reduced
17. No effect
9. Savings are planned,
18. No effect
so no effect
19. No change
10. Very less effect
20. Considerable decrease
Q11) Has a change in the price levels caused stress on your personal,
professional and social life and relationships? If yes, how are you
managing it?

1.No (Mother – in – law 11. Little stress in the

gets worked up social life
though)
12. Stress in personal life
2.Mother – in – law and
13. Doesn’t want to
she are tensed
disclose
3.No
14. Doesn’t want to
4.No disclose

5.No 15. Doesn’t want to

disclose
6.No
16. Not much which he
7.No
takes care by drinking
8.No coffee.
9.Sometimes when it is 17. No such stress
necessary to
18. Indifferent
compromise on
personal expenditures 19. Personal Stress

10. Nothing
20. Lot of day-to-day
quarrels

Q12) How do you expect the prices to change in the future? How do
you think it will affect you? What are your major concerns about
change in price levels? How will you cope with it?
1. Loan expenses will children start their
decrease and schooling
education expenses
5. Somehow manage
will increase. Effect
6. Somehow manage
depends on extent of
change in each and 7. No answer
level of income. She
8. No answer
will also work in a few
years time 9. Nothing as such,
everything is going on
2. Older child will start
working in a year 10. Food prices might

(after PG) and increase because of

supplement the increase in fuel prices

family’s income 11. Compromising on

3. No answer entertainment is
tough
4. Chitra will also start
working, once her
 12. Double effect because 16. No Concerns
of price rise and bad
17. No major concern
monsoon
18. Adjusting on daily
13. Is seriously effecting
expenses
our family
19. Reducing leisure
14. Nothing as such
activities
15. No Concerns
20. Lot of concerns

Q13) As a result of/ due to the change in price levels, have you had to
change/delay any of your priorities or major economic decisions?

1. On the contrary, plans 8. No answer

of opening more clinics
9. Thinking about which
are being advanced.
kind of bike to buy
2. Purchasing/ changing (initially thought of
the family car Pulsar)

3. No 10. No need to delay

4. Investing in property 11. Major Decisions are

planned way ahead
5. Not really, except that
planning should be 12. Planned to buy land but
more robust couldn’t and now it’s
questionable
6. No
13. Only one major decision
7. No answer
i.e., Daughter’s
 Marriage – Planned 17. Delay in buying new car
ahead So No Delay
18. No such delays
14. Nothing as such
19. Buying new house
15. No such delays
20. Delaying repayment of
16. Doing Engineering debt