Make India Asbestos Free

Make India Asbestos Free
For Asbestos Free India

Journal of Ban Asbestos Network of India (BANI). Asbestos Free India campaign of BANI is inspired by trade union movement and right to health campaign. BANI has been working since 2000. It works with peoples movements, doctors, researchers and activists besides trade unions, human rights, environmental, consumer and public health groups. BANI demands criminal liability for companies and medico-legal remedy for victims.

Thursday, February 26, 2009

Asbestos price continues to decline

Union Ministry of Commerce & Industry has released the official Wholesale Price Index for ‘All Commodities’ (Base: 1993-94 = 100) for the week ended 14th February, 2009 declined by 0.1 percent to 227.8 (Provisional) from 228.0 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 3.36 percent (Provisional) for the week ended 14/02/2009 (over 16/02/2008) as compared to 3.92 percent (Provisional) for the previous week (ended 07/02/2009) and 5.66 percent during the corresponding week (ended 16/02/2008) of the previous year.

The movement of the index for the various commodity groups included the index for ‘Minerals’ group that rose by 5.3 percent to 622.6 (Provisional) from 591.1 (Provisional) for the previous week due to higher prices of magnesite (83%), barytes (38%), ochre (25%), iron ore (6%), chromite (3%) and steatite (1%).

Sadly, the prices of asbestos (2%) has declined in a context where the rate of consumption of asbestos in India is rising at an alarming rate because of political patronage.

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