Price Hike

India is facing many heartrending difficultys nowadays, but the problem of price-rise is the most serious one. It is actually common these days. The prices of essential commodities are spillage higher day by day. India is passing through a genuinely hard time nowadays. The problem of prise-rise has become very serious. The goernment is unavailing to control the prices of necessary goods. The rise in prices is natural in a developing county like India. But when it goes out of control, it causes great difficulties for the masses. If the problem is non tackled in a proper way, it may take a serious turn. There are many causes responsible for rise in prices.such(prenominal) rise in prices might be due to natural calamities like floods, earthquakes and famine and also wars. The three wars between India and Pakistan and one between Indian and China since. 1962 have largely affected Indian economy. The other reasons of the exalted prices may be bribery, corruption, black-marketing, hoarding, smuggling, profiteering and many other anti-national and anti-social tendencies. The pressure of race result is also one of its causes. The most important factor which is responsible for price-rise is the prospect of the people to become millionaire in a night.High prices have very bad effect on the people. These rising prices increase the cost of living. It is no-count that a small group of businessmen earn a sens of money by un uninfected room of hoarding essential goods. owe to this tendency a vast majority of people have to misplace untold hardships. If the present position continues, the middle-class people will not be able to maintain their position in society. The government is certain of this problem. A number of measures have been taken by the government. It is also laborious to increase the production of essential goods.The distribution of these goods has also been made fair and effective. The burden of taxes on the middle-class has been lessened. But r ising prices can be checked only when the people co-operate with the government. The hoarders and the black-marketeers should be severely punished. Growth of population should be checked. Public sector should be encouraged. The government should take over the trade of essential goods. The government should find out ways and means to increase the production. There should be balance in supply and demand. scarce the combined efforts of the government and the people can solve the problem