write an essay on the RISING PRICES in
Answers
Answer:
The price rise is a world phenomenon today and inflation is affecting every section (rich and poor) of society. Our country is also facing this problem. The prices of almost all essential goods are going up.
And prices once gone up never come down. This causes great hardship and difficulties for the people in the fixed income group or those belonging to the low-income group. Today there is no limit to the price rise.
In the pre-independence days, a clerk got only Rs. 60 per month, but now he gets about three thousand Pays have gone higher, but the employees are not satisfied.
They have large families to maintain and it becomes difficult to feed so many mouths with the value of the rupee falling constantly. There is a dearth of cheap accommodation and many people live in slums. The prices of clothes are also high and some people don’t even have enough money to buy these to cover themselves with.
The government of the day goes on imposing taxes after taxes on the already burdened citizens. This leads to a lot of money going into the national expenditure and into the pockets of corrupt leaders and officials. Black marketing also leads to heavy taxation as people conceal their actual income.