Question

write a report on price rise in the time of corona​

Answer 1

Question-

Write a report on price rise in the time of corona.

Answer:-

☞Report on price rise in the time of corona>

The average countrywide prices of vegetables such as onions and tomatoes, which were softening in the first fortnight of March, recorded a perceptible spurt in the second half of the month after March 15 when lockdowns became effective.

In the normal scenario, if there are disruptions in supply chains, retail prices increase and wholesale prices drop. But, now, since there is possibly a glut of stocks at one place and goods are not moving, wholesale prices are also showing an increase, economists and agri experts said.

The experts attributed the rise in prices of the essential commodities such as vegetables to purely supply-side issues, instead of production-linked problems. They also specifically pointed to the lack of transportation and labour to lift stocks from wholesale markets, leading to disruptions in the movement of stocks from production centres to the retail level, even as prices of certain commodities like edible oils have been impacted because of a slowdown in production due to factory closures and labour shortage.

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