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Paragraph : Price Hike

Price Hike

Price-hike is a serious bane on the economy of Bangladesh at present. The vast majority of the consumers are very badly affected by continual hike in prices of the daily necessaries. Price-hike is caused by short supply of commodities or by syndicate. The price-hike that results from short supply of commodities is temporary. The prices come down if their supply is increased. But the price-hick caused by syndicate cannot be controlled by easy efforts. Whatever may be the cause, price-hick brings about a lot of hardship and suffering to the lower income-class people. They find it difficult to make their both ends meet. They have to go without many things that are necessary to lead a tolerable life. The poorer sections of the people are the hardest hit. Price-hike leads to widespread corruption and moral degradation. It can be controlled by co-ordinated effects of the government especially the law enforcing agencies and the businessmen.

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