Evils of corruption, bribery, smuggling and illegal gratification deep-rooted in the society must be rooted out.
There are various internal factors that cause a hike in prices. Insufficient Industrial Production — The industrial sector has fared better at the hands of the government.
The whole thing becomes a vicious circle. The cumulative effect is a growing pressure on prices. Whenever we go to the throats of inflation; if the people find it is the. Production of food is not in proportion with the increase in population.
It is very common these days. Suspendisse vel enim sagittis, volutpat sem eget, condimentum sem. Essay for class 1, a baffling problem rise written by. The increasing demand leads to hike in prices.
These rising prices increase the cost of living. Inflationary pressures are doing plenty of mischief and the people of middle class families are finding it a Himalayan task to make both ends meet. The indiscriminate rise in prices of essential commodities has left many a people tense and helpless.
This is true to some extent. It also affects the pockets of the population that has fixed incomes.
The problem is very dangerous. Because a large part of the Indian population lives on or below the poverty line, this issue impacts them severely.
The most important factor which is responsible for price-rise is the mentality of the people to become millionaire overnight. And finally, no hoarder, profiteer or black marketer should be left with impunity. No consideration was given to the existing state of economy. Fourthly, in an underdeveloped economy like ours, the first increases in income always tend to be expended on food articles.
Adulteration of eatables is a big health hazard. The rise in prices is natural in a developing country like India. Causes, Effects And Solutions. The Third, major factor responsible for price rise is that due to great emphasis laid on heavy industries in our Five-Year-Plans, agriculture and consumer goods industries, which produce the items required by the people, have received insufficient attention.
Numerous factors can be cited to explain price rise in India First, our economic planning has suffered from serious drawback, right from the beginning.
Production of food should be increased. These huge amounts of black money produce a very bad effect on the economy of the country and lead to a rise in prices.
Not only that, the railway fares, air fares and bus and taxi charges are also increasing regularly. The government should take over the trade of essential goods. Artificial gaps in supply are created by unscrupulous operators such as black marketers, hoarders, and traditional traders.
Essay on Inflation in India (Problem of rising prices) Category: National Issues of India On March 18, By Ajit Sen This article discusses the inflation, the current situation, the causes and the means to control inflation in India.
Essay on Price Rise in India on March 29, 0 Comment Essay on Price Rise in India. India is facing many serious problems nowadays, but the problem of price-rise is the most serious one.
It is very common these days. The prices of essential commodities are going higher day by day. MBA Assignment 1 Food Price Rise in India Akshaya Pandey, Chandan Jha, Gyan Vikas, Tarun Rawat Food price rise in India Last couple of months have seen sharp increases in food prices in India.
The inflation in prices of basic food materials has raised alarms for the government as well as for common people. Essay on Rising Prices of Essential Commodities – Essay 4 ( words) Introduction. In India, certain commodities have been classified as essential commodities as per the Essential Commodities Act RISING PRICES.
OR. PRICE HIKE Prices are ever on the increase. A rise in prices, economists say, is a sing of development and prosperity. But during the last two decades, prices of almost all the essential commodities have been increasing at an alarming rate.
Essay on Inflation in India (Problem of rising prices) Category: National Issues of India On March 18, By Ajit Sen This article discusses the inflation, the current situation, the causes and the means to control inflation in India.Price rising in india essay