Hi,
Kaushik its .75 square MM or 20/19 Gauge !! so its pretty expensive for an 20 Gauge wire !! I wouldn't bother much of using this !! may be hard pressed and very very tight budget users may prefer it for surrounds (even for that I prefer minimum of 16/18 Gauge)

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But still thanks for the info,now every one knows bout this and the intended Usage !!
The MX 16 Gauge costs some where between 25-35 Rupees,I've used them some time back ! though not of the great type,but will suffice for normal usage !!
The MX shop thats the in the question is called "SANSON ELECTRONICS" which is at the left hand side in the entrance of the SP Road (Opp Karnataka Flag pole and sort of diagnal to Navbharat Electronics which is directly visible once you stand at the entrance of the SP Road ) !! there are three guys running the shop there !! two are brothers and one is a partner !! any one trying to shop there,please beware of the partner/old guy as he's bit cranky and talks bit rudely ! deal with the younger brother

Nice guy cool to deal with and very friendly !!
Wicked good to know that Am not alone in that

! but the only difference is I live almost all week there barring Sunday (coz its closed),Know every single shop there from the entrance (Prakash Electronics,Prince Electronics on the right) till exit (old chandan Electronics on the Right)

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Anyway Enough info I guess !!
Regards.