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Conclusion:<br />

9. <strong>The</strong> inflation can be easily controlled by making a separate corporation for all the<br />

consumable commodities to ensure regular supply at reasonable price through out the year.<br />

10. <strong>The</strong> middlemen huge pr<strong>of</strong>its can be controlled easily by making certain arrangements.<br />

11. <strong>The</strong> proposed corporation should take care <strong>of</strong> equating the production and consumption.<br />

12. Exports and Imports may be easily taken care <strong>of</strong>. <strong>The</strong> country which is having potential to<br />

produce certain commodities need not procure from the other country and can be produced<br />

by proper planning. At one point, we open our exports and at the same time within few<br />

months, we revert back because <strong>of</strong> lack <strong>of</strong> planning and farsighted approach.<br />

<strong>The</strong> author has established all the three stated objectives with the help <strong>of</strong> hypothetical data and<br />

illustrations. <strong>The</strong> Law <strong>of</strong> wastage is inevitable for every country’s sustainable economic growth and to<br />

minimize the unnecessary escalation <strong>of</strong> commodity prices. This unexplored area in economics need to<br />

be studied thoroughly to avoid unexpected and unwanted economic slow down in any country. If<br />

necessities are taken care by every state, the economic development can be easily ensured with<br />

sustainable growth. By setting up <strong>of</strong> a Separate Corporation for every commodity the permanent head<br />

ache <strong>of</strong> inflation can be controlled.<br />

References:<br />

1. P.N.Reddy and H.R.Appanniah, ‘Principles <strong>of</strong> <strong>Business</strong> <strong>Economics</strong>’, S.Chand & Co., New Delhi,<br />

1999.<br />

2. Ruddar Datt and K.P.M.Sundharam, ‘Indian Economy’, S.Chand & Co., New Delhi, 2007.<br />

3. S.Sankaran, ‘Indian Economy’, Margham Publications, Chennai, 2007.<br />

4. S.Sankaran, ‘Macro <strong>Economics</strong>’, Margham Publications, Chennai, 2007.<br />

5. Kamarajar Vegetable Market, Thanjavur, Tamil Nadu. (Hypothetical data source November<br />

2010 – April 2011)<br />

6. Dr. H.L. Ahuja, Modern Micro <strong>Economics</strong> (<strong>The</strong>ory & Applications) S.Chand, 2009.<br />

7. Abha Mittal, Micro <strong>Economics</strong> II, S. Chand, 2012.<br />

8. Campbell McConnell, Stanley Brue, Micro <strong>Economics</strong>, TATA McGRAW HILL, 2010.<br />

9. David Colander, Micro <strong>Economics</strong>, TATA McGRAW HILL, 2010.<br />

10. Paul Samuelson,William Nordhaus, Micro <strong>Economics</strong>, TATA McGRAW HILL, 2010.<br />

11. James Miller, Principles <strong>of</strong> Micro <strong>Economics</strong>, .TATA McGRAW HILL, 2010.<br />

******<br />

www.theinternationaljournal.org > <strong>RJEBS</strong>: Volume: 02, Number: 06, April-2013 Page 10

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