Question

Essay on soaring prices

Answer 1

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Prices are ever on the increase.  A rise in prices, economists say, is a sing of development and prosperity.  But during the last two decades, prices of almost all the essential commodities have been increasing at an alarming rate.  These soaring prices have caused great unrest and frustration among the people.  The people belonging to the middle class and the salaried people are hit hard.  All the more, the soaring prices have become a big threat and an open challenge to the government.  It has shaken the faith of the people in the government.  There is no let-up in the situation.  Life has become very hard.

Not to speak of rising prices, things of daily use are sometimes not available in the market.  Big businessmen hoard things and sell these in black.  Adulteration of eatables is a big health hazard.  Sometimes, there is no sugar, no kerosene oil, no cooking gas, nothing.  The prices of petrol, cooking gas, kerosene oil and several other items of daily use are increasing every year.  Not only that, the railway fares, air fares and bus and taxi charges are also increasing regularly.  The rich make a display of their wealth while the poor find it difficult to make both their ends meet.  Life has lost its charm for the average bread-winner.  The indiscriminate rise in prices of essential commodities has left many a people tense and helpless.  No one can foresee what is in store for the common people.

Let us hope that the government will be able to bring down the soaring prices.  What is needed is the right intention and the force of will.  The government has, in recent  past, taken some steps to control the prices and revamp the economy of the country.  The government efforts have met a partial success and inflation has been controlled to some extent