English, asked by Aamir37, 1 year ago

short speech on inflation

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Answered by anie27
5
Inflation refers to the rise in the price of goods and fall in the value of money. Inflation refers to the problem of rising prices
The problem has been with us for a long time now. The trend of rising prices in India has, in time, aroused dismay, consternation and anger.

It has been witnessed that with the passage of time, the rich have become richer and the poor still poorer. In spite of a bad agricultural year, it is not scarcity that is troubling people so much as the continuing erosion of their purchasing power. Hence, we are nowhere near the goal of an egalitarian society which we had set out to achieve.

Essay on Inflation in India (Problem of rising prices)

Category: National Issues of IndiaOn March 18, 2015 By Ajit Sen

This article discusses the inflation, the current situation, the causes and the means to control inflation in India.

Inflation in India

Inflation refers to the rise in the price of goods and fall in the value of money. Inflation refers to the problem of rising prices.

The problem has been with us for a long time now. The trend of rising prices in India has, in time, aroused dismay, consternation and anger.

It has been witnessed that with the passage of time, the rich have become richer and the poor still poorer. In spite of a bad agricultural year, it is not scarcity that is troubling people so much as the continuing erosion of their purchasing power. Hence, we are nowhere near the goal of an egalitarian society which we had set to achieve



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