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 yrs 11. 5 years

3. Uttarammellur since 12. 8 years

20 years
13. 28 years
4. In Mambalam for the
14. 32 years
past 8 years
15. 27 years
5. 14 years
16. 19 years
6. Born and Brought up
in Chennai 17. 45 years

18. Family Stays in Delhi

7. For 3 Years – In Roypet

8. Mambalam for the 19. Stayed outside from

1985 to 1997
past 6 months

9. Local 20. Living in Warangal for

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

1. School fees, Husband’s 8. Food, rent, transport

Chai kada (rent, and leisure expense
ingredients), since he also has a
Husband’s and one girlfriend
son’s addiction
9. Household – Education
2. School fees – Apparel

3. Food, house rent, 10. Food – Education

festivals, visiting
11. Household – Education
relatives etc.
– Insurance - Loan
4. Food, rent, Transport,
12. High expenditure
(2000 Rs sent to family
on electricity
each month.)
(Husband’s clinic),
5. Household – Diesel – milk, school fees
Misc
13. Education fees,
6. Rent – Household – LIC– servant,
Personal Expenditures
14. Servant, driver
7. Health Expenses-
15. Milk, servant,
Investment – Mortgage
16. School fees,
stationery
17. Servant, medicines for Servant Salaries –
parents – in – law Education

18. Household – 20. Food, Transport,

Transport – Education Marriages, Bills of
various kinds, Studies
19. Mortgage –
etc.
Household – Fuel –

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

on these expenses?

1. 40 – 45% 11. 70%

2. 40 – 45% 12. 40%

3. 60% 13. 35 – 40%

4. 25% 14. 20%

5. 90% 15. 35 – 40%

6. 50% 16. 35 – 40%

7. 85% 17. 35 – 40%

8. 70% 18. 35%

9. 50% 19. 30-40%

10. 30% 20. 50-60%

Q4) What are the major long term expenses?

1. Daughter- in- law is 3. Marriages of son and

pregnant. Other son daughter.
will also get married
4. Mainly marriages since
and have a family.
they believe in showoff
2. Eldest grand-daughter and buying car.
wants to go to college.
5. Taxi
Visiting family in
village, home 6. Bike – House
family after
Marriage
maintenance, ill health
of family members, 7. Land
marriage of grand
8. None
children, other
ceremonies and 9. Medical Policies
festivals. 10. Insurance

11. Daughter Marriage

12. EMI payment 17. Insurance premiums,
savings, health funds
13. Insurance premiums,
for aging parents-in-
savings, daughter’s
law.
wedding
18. Nothing planned
14. Insurance premiums,
savings, acquiring 19. Nothing Specific
property and other
20. None right now. He is a
assets
bit carefree about his
15. Admission of children in future maybe because
school, their education, he has just entered into
buying a house e his earning stage.

16. insurance premiums,

savings, tuition fees

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

on these expenses?

1. About 50% 7. NA

2. About 50% 8. NA

3. 20% 9. 8%

4. 30% 10. 10%

5. 5% 11. 10%

6. 10% 12. 40%

 13. 35 - 40% 17. 40%

14. 40% 18. NA

15. 40 - 45% 19. NA

16. 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)

1. Yes 4. Expenditure has

doubled from 2000 to
2. Yes
4000
3. Increased slightly due
5. Diesel liter from Rs 30
to increase in food
to 35
prices.
6. Household Rs 3500 ->
5000 ; Cigarette & Tea
Rs 2.5 -> 5.0
 7. Labor expenses - 14. Yes
Medicines
15. Yes
8. No major effect.
16. Yes
9. Increases in College
17. Yes
fees and Petrol prices
18. Yes because of
10. Considerable
food prices
increase in meat and
other food prices 19. Fuel and Gold
Prices
11. Increase in day-to-
day expenses (Haircut 20. Price rise has been
a boon for them since
from Rs 25 to 35)
they are businessmen.
12. Yes
So expenditure is
13. Yes 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 3. Controllable by

to be made stopping smoking and
taking liquor.
2. Many compromises
have to be made 4. Controllable.
5. Many compromises in 12. Manageable
day-to-day life
13. Few compromises have
6. Manageable now – but to be made
will be tough in coming
14. Manageable
10 years
15. Manageable
7. Many compromises
16. Manageable
8. Controllable.
17. Manageable
9. Not much effect as we
18. Manageable
don’t compromise in
life style 19. Few compromises

10. No effect 20. Good.

11. As of now no problems

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 2009(stopped working
by consuming due to injury to back in
substitutes or lesser accident). Presently
quantity of items, working in two houses.
reduced savings
3. Avoiding Smoking and
2. Resumed work after Alcohol
death of husband in
4. Cutting down food consuming substitutes or
expenses lesser quantity of items.

5. Doing more trips 14. Nothing really.

6. Reducing personal 15. Reduced saving, some

expenditure compromises made by
consuming substitutes or
7. Proper Planning
lesser quantity of items.
8. NA
16. Have rented out family
9. Nothing ancestral house, some
10. No need to cope as such compromises made by
consuming substitutes or
11. Using ways to cut day-
lesser quantity of items.
to-day expenses
17. Some compromises
12. Adopted new method of
made by consuming
saving, Husband’s
substitutes or lesser
income has increased,
quantity of items,
some compromises made
reduced savings
by consuming
substitutes or lesser 18. Nothing need to be done
quantity of items. 19. Reducing expenditure on
13. Reduced savings, some Entertainment and
compromises made by Shopping

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

1. Modification of house, 12. Fixed deposits for

invest in another Nephews
house, invest in child
13. Might allocate it
plan
for the son’s
2. Save education.

3. Save or Invest 14. He is a spendthrift

and will spend that
4. Save or Payoff loan
amount too.
5. Save
15. Will save it for
6. Payback loan taken expansion of business
from relative during if ever needed. Also
daughter’s wedding, can think into buying a
save. car.
7. Open another shop for 16. Plans to save it for
son. doing BE.
8. Pay off loans and 17. Investing in shares
educate grandchildren or buying a car
9. Car 18. Renovating Lawn or
10. Savings buying Ford Fiesta

11. Technology 19. Buying Honda CRV

Gadgets 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 5. Somehow manage
decrease and
6. Somehow manage
education expenses
will increase. Effect 7. No answer

depends on extent of 8. No answer

change in each and
9. Nothing as such,
level of income. She
everything is going on
will also work in a few
years time 10. Food prices might
increase because of
2. Older child will start
increase in fuel prices
working in a year
(after PG) and 11. Compromising on

supplement the entertainment is

family’s income tough

3. No answer 12. Double effect because

of price rise and bad
4. Chitra will also start
monsoon
working, once her
children start their 13. Is seriously effecting

schooling our family

 14. Nothing as such 18. Adjusting on daily
expenses
15. No Concerns
19. Reducing leisure
16. No Concerns
activities
17. No major concern
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 9. Thinking about which

of opening more clinics kind of bike to buy
are being advanced. (initially thought of
Pulsar)
2. Purchasing/ changing
the family car 10. No need to delay

3. No 11. Major Decisions are

planned way ahead
4. Investing in property
12. Planned to buy land but
5. Not really, except that
couldn’t and now it’s
planning should be
questionable
more robust
13. Only one major decision
6. No
i.e., Daughter’s
7. No answer Marriage – Planned
8. No answer ahead So No Delay

14. Nothing as such

15. No such delays 18. No such delays

16. Doing Engineering 19. Buying new house

17. Delay in buying new car 20. Delaying repayment of

debt