Quality versus Price

It is good that public is getting interested in this issue. Together we cam move the regulatory agencies to act so that Food is safe for consumption.
Shri Adarsh Varma ji, greater regulation and checks on food quality will surely bear cost and raise the prices further.
In my opinion, Govt should have a limited role on pricing of food items prepared by Haldiram etc. Let these be decided by market forces. The prices at Haldiram or Bikanerwala etc have to be as per market competition. Let more such joints take up this business, if there is very high profit in it. This product has to compete with others not only in India but in a large number of counties abroad too, in quality and pricing. Therefore, while quality of food product is our major concern, prices are not an issue.
Please do not mix the two issues. Our motto is to ensure SAFE FOOD. more  

View all 27 comments Below 27 comments
market forces would not only generate safe food but would also shake up the idle food authorities to act frequently. more  
Pricing in India does not follow model taught in economics or marketing. We follow models like "going price", "opportunistic price" "extortionist price"etc. Recent controversy about pricing of stent is an example. Fair price exists only in control situation. We are charged Rs 60/ for water bottle even though MRP is under Rs 20/. All food products are sold at huge profit. One can see absolute lack of hygiene not only in pushcarts but also in so called good hotels. Four and five star hotels are not necessarily better. An inviting looking food may have been made several days before hand and stored in walk in fridges. Total disregard starts from cleaning of dishes. It is God's grace that we live with these junk. more  
Dear Vivek Kumarji, have you ever used a bath soap costing Rs. 1,000 or Rs. 250 per piece (being advertised on tele-media now a days)? Instead of Cheap & Jugad, there is another phrase also known as "Optimum". How do you like that? more  
Quality Vs Price-age old conflict-we need to always prefer quality as against price, this will set tends to improve quality in commoditites As our country advances/progresses w need to build awareness on quality . Good quality has assurance of long duration of utility. These factors among themselves fix pricing of goods and services-govt. has limited role here. more  
Prices of any item primarily need to be worked out on the input cost, process cost, taxes, overheads, any other liability and the profit margin. Profit margin on the principles of business sustainability will be most optimised and consumer friendly. We all have observed that even Government of India and Public Sector companies have never thought of pricing on sustainability principle. One live example is Petroleum Products like Diesel and Petrol. Other example is electricity. These are energy associated items and are essential in current days. How can one expect in our country that other establishments will ever consider the pricing with such an approach resulting in optimised cost to consumer. more  
Post a Comment

Related Posts

    • Opening a restaurant that no one will ever eat at - new normal

      Coronavirus cases surge again. It doesn’t want you to eat there. There’s a large kitchen … but no dining area. No spacious room filled with tables and chairs inviting ...

      By Debashish Dutta
      /
    • colorful sugar coated ILLs

      Namasthe, This Dasara, my mother who was invited by her neighbour, returned back with laddus.  The laddus were ridden with dark orange color.  This is due to the chemical color...

      By Bp Harichandra
      /
    • Covid immunity foods this winter for all of us

      Consume whole grains like maize, bajra, ragi, amaranth and quinoa that provide not just calories and fibre but a whole lot of immunity-boosting minerals like zinc, magnesium, selenium in addition t...

      By Sarita S
      /
    • From Oct 1 loose sweet boxes must have expiry date

      A new rule is coming in force from Oct 1 where all sweets sold in market as loose have to have an expiry date on the box. We asked for this several years back and its finally come to fruition.

      By Sanjana Gupta
      /
    • Avoid coffeeshops bars and restaurants

      No restaurant serves safe and nutritious food. Its high sugar, high salt and many items are high in bad fats. With high risk in restaurant best to learn cooking and make stuff at home. Y...

      By Seema Mehra
      /
    • Do not visit a bar or restaurant

      Regardless of what anyone says friends. Read the article at the link below to understand why bars are so so dangerous. Govt should keep them closed and wherever they have them opened, close them. T...

      By Sarita S
      /
    • Sarvana Bhawan Delhi serves lizard in sambhar

      This is the place that has lines outside if you ever go to Janpath. Having eaten there 10 times atleast I must say I have found hygiene standards to be below average at best. I have found arrogance...

      By Shikha Chhabra
      /
    • FSSAI needs to function

      I feel fssai needs to be a more on the ground body rather than sitting in air conditioned offices making rules that no one follows. For 2 years now its a rule that vendors can be arrested for artif...

      By Mala Sehgal
      /
    • How to wash fruits/veggies in times of Covid 19

      So finally after 5 months of COVID -19 Fssai wakes up and finally tells us how to wash our fruits and veggies in these times. Attached, but a tad too late

      By Sneha Goyal
      /
    • Food safety certification for self help groups

      In this age of commercialization and food safety consciousness, we find many self help groups involved in food processing,though in a minor way-mostly in a domestic manner. For them to surv...

      By Sheriff Mohideen
      /
    • Why is sugar demand down so much?

      Sugar demand in India is down 40% in month of April. Expected demand destruction of around 10 lakh tons from mid April to mid June. Is it the restaurant and confectionary industry or wh...

      By Ashima Gupta
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)