write an article on price hike
Answers
Explanation:
Ours is a developing country. It is surrounded by many problems. We are already trapped in a vicious circle of poverty. Most of the people of our country live below poverty line. They cannot keep body and soul together with their scanty income. Now they are getting hard-hit day by day with the abnormal rising of prices. They are now living almost in a sub-human state of life. It has occurred, because the value of money has declined beyond limits. As a result, the purchasing power of the people has been decreased abnormally. At present, almost all the people of all walks of life are suffering gravely under the impact of price spiral. The sufferings of the middle class people is beggar description. There are many causes of price-hike in our country. Most dreadful among them are: decrease of production, increase of money supply, hoarding, black-marketing, syndicating, population explosion, moral degradation, natural calamities etc.
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Price Hike
-By Jalaj
In the last two decades, costs of almost all the essential commodities have been rising at an alarming rate. These vigorous rise of prices have caused great unrest and frustration among the people.
The individuals belonging to the middle class face too much problems. All the more, the increasing rates have become a significant threat and an open challenge to the government and have shaken the people’s faith.
It is not only the rising prices of essential commodities sometimes things of daily use are not available in the market. Sometimes, there is no sugar, cooking gas, kerosene oil, and many more such essential commodities when required.
The prices of petrol, cooking gas and several other items of daily use are increasing every year. And also, the railway fares, flight fares, taxi and bus charges are also increasing regularly.
The wealthy make a display of their wealth while the poor find it difficult to make ends meet. The price line is the lifeline of a nation. Therefore, sincere efforts should be made to stabilize the prices of essential commodities.