Price Hike/Price Spiral
Price hike is a common experience today.
Prices rise all the time and seldom (K`vwPZ) come down. It becomes difficult on the part of
people to maintain their daily expenditures, because our expenditures are
increasing day by day but our income does not increase at the same rate. There
are various reasons for price hike: natural and artificial. We have a huge
population. Our demand is always greater than our supply. Some people want to
earn money very quickly. They hoard (Rwg‡qivLv) goods and make artificial crisis in
the market. The black marketers (Kv‡jvevRvwi) are also responsible for price hike.
In our country, the middlemen between the producer and the consumer take the
lion’s share of profit. The extortionists (Puv`vevR) and the political leaders collect money from
businessmen. The govt. has a responsibility to check corrupt practices. Since
price hike creates problems to most of the people, it should be strictly
controlled for the welfare of the common people. We must try to boycott a
commodity that shows unnatural price rise.
Post a Comment