article on inprecedented price rise and inflation
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The unprecedented rise in prices of almost all the important necesscities of life has posed a serious problem efore us. Millions of people find it hard to earn one square meal a day, because prices of food grains, edible oils, sugar other food articles have been raising very rapidly. This has caused great unrest among common people.
The annual average of whole sale prices index always s ows an increasing trend. This alarming rate of increase in prices has thrown the countries economic out of gear and made common man's life miserable millions in India to-day sleep without food at night. All their day's work does not even promise them sufficient to eat and drink. Everybody is complaining of increasing prices day by day.
Prices have become double in the last few years and there are many things which are now beyond the reach of common people. This phenomenal increase in prices is not the result of any simple factor. There are several factors which are responsible for it. Apart from industrialists, manufacturers and middle men, our government is also at fault. It is increasing taxes.
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