What gets costlier, what gets cheaper products?
Here is the full list of things which got costlier and cheaper products this Union budget 2018
On Thursday 1st Feb. 2018 finance minister Arun Jaitley announced Union Budget 2018. The allocations of the Budget resulted in rising of the prices of several products, while some become cheaper because of it.
Here is the list of items whose price got hiked.
Price hike in automobiles which includes following-
- Cars and motorcycles
- Truck and bus radial tires
Electronics Items will get costly
- Mobile phones
- Smart watches, wristwatches, pocket watches, clocks
- Video game consoles
- LCD and LED TV panels
Eatables items will see an increase in price
- Vegetables
- Fruit juice
- Edible and vegetable oils such as olive oil, groundnut oil
Jewellery articles going to get costly
- Silver
- Gold
- Diamonds
- Coloured gemstones
- Imitation jewelry
Fashion and toiletries items price will get increased
- Silk fabrics
- Footwear
- Sunglasses
- Perfumes and toilet waters
- Sunscreen, suntan, manicure, pedicure preparations
- Pre-shave, shaving or after-shave preparations
- Deodorants, bath preparations, depilatories
- Scent sprays and similar toilet sprays
Furnishings materials will see a good price hike
- Furniture
- Mattresses
- Lamps
Few other items
- Cigarette and lighters
- Kites
- Toys like tricycles, scooters, pedal cars, wheeled toys, dolls, carriages, and puzzles
- Articles and equipment for sports or outdoor games, swimming pools and paddling pools
- Preparations for oral dental hygiene, denture fixative, pastes, and powders, dental floss
- However, here are the commodities that will become cheaper
Besides the increase in price, there are many items which are going to get cheaper.
- Petrol
- Diesel
- Solar tempered glass
- Raw materials, parts or accessories used in making cochlear implants
- Select capital goods
- Electronic and mechanical goods, such as ball screws and linear motion guides
- Raw cashew nuts
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