Question

The rise in price of essential commodities is known as

Answer 1

Answer:

Manipur, which has seen seven COVID-19 cases, is reeling under untrammelled price hike, with no trader or grocery shop owner being pulled up. Officials said that all the seven persons had contracted the disease outside the State. Two have completely recovered, while the remaining are in “good physical condition”.

Manipur, which has seen seven COVID-19 cases, is reeling under untrammelled price hike, with no trader or grocery shop owner being pulled up. Officials said that all the seven persons had contracted the disease outside the State. Two have completely recovered, while the remaining are in “good physical condition”.In the wake of the pandemic, the State government had asked the Price Fixation Committee to fix the prices of the consumer items. The committee had promptly done it, but it has not had the desired impact since traders are ignoring the new prices. The government has promised suitable action if consumers bring overpricing to the notice of the officials.