Problems of price rise

Price hike has always been a topic of discussion since ages but the situation has never been so grave as of late. Rise in prices in the international market, high rate of inflation, economic upheavels in the stock market and shortage of supply to meet increasing demands are the major contributing factors behind price hike. The abrupt soaring of prices of daily essentials like gasoline, edible oils etc are beyond the means of the middle-class and daily wage earners, who are the most hard-hit. Think of the case of the Pensioners, who have to manage on their own with the meager pension that they get out of their savings. No one seems to be bothered about the common man. Instead, the political parties raise a hue-and-cry for a day or two in order to gain political mileage. Infact, price-hike provides them with a scope satisfy their vested interests. With the increase in population and demand for space to live, farming lands are converted to high rises. This has resulted in lesser produce than demand. Salary of a person is not increasing at the same time. So, to meet both ends they are forced to compromise on quality. In this way, they are unable to save money, which they will require at a certain age after their superannuation. The Govt. has to take stern steps to curb price rise & immediately stop exports for the time-being so that, increase in demands can be coped-up-with. If the produce is controlled or restricted, then it can provide some sort of breather to the mass, who will, else, have to die out of hunger.

Posted in: Kolkata's Problem