Problem of Rising Prices in India — Essay Article shared by Out of the many problems that are facing India, the problem of rising prices is the most intricate.
Price rise is a world phenomenon today and inflation is affecting every section rich and poor of society. About three decades ago we could purchase wheat at thirty rupees a quintal, but today we cannot get it at less than three hundred rupees a quintal in big cities. Everything was within the reach of man until a few years ago.
Today there is no limit to the price rise of all kinds of items. Millions of people in the world have to go hungry. They have to work hard to make both ends meet. In the pre-independence days, a clerk got only Rs. Pays have gone higher, but the employs are not satisfied.
They have large families to maintain and it becomes difficult to feed so many mouths with hardly any money. There is a dearth of cheap accommodation and there are many people living in slums.
The government goes about imposing taxes after taxes on the citizens. This leads to a lot of money going into the national expenditure and into the pockets of corrupt leaders and the officials. Black marketing is another result of these heavy taxes and people begin to conceal their actual income.
The government should impose taxes on hoarders and rich people. Production of agricultural goods should be increased along with industrial goods. Their prices should be fixed. The government should undertake a big scheme of rationing in cities and villages Cheap clothes should be produced and essential items be distributed through government shops.
Corruption must be ended at all levels. Corruption adds to the problem of prices.
Bribing is common in most government offices and this leads to the rise in the prices of goods. For example, a job that can be done by paying a small amount needs more money because some officials would not do it till they get extra money for it.
The finance minister plans the budget every year and we often find a fluctuation in the prices. They soar but never come down.
This is a problem that has to be tackled at all levels and the common man needs some relief from the continuously rising prices.Speech On Price Rise In India. Problem of Rising Prices in India Out of the many problems that are facing India, the problem of rising prices is the most intricate.
Although it is affecting universally, yet it has rendered the life of the poor impossible to pull on and the number of poor in India is far greater than the rich. So it is the problem of the whole . 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.
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 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.
Despite of continuous claims of curbing price rise making by the government, prices of commodities rose by more than per cent in comparison with the per capita income in the past one year.
The prices are soaring up more than the income in India. The middle class are being hit hardly with the price [ ]. Price Rising In India. Problem of Rising Prices in India Out of the many problems that are facing India, the problem of rising prices is the most intricate.
Although it is affecting universally, yet it has rendered the life of the poor impossible to pull on and the number of poor in India is far greater than the rich. So it is the problem of the whole country.