Price hike paragraph
The price hike is a great problem in Bangladesh as well as in the world. This problem is getting worse day by day. Actually, a price hike means an unusual increase in the prices of daily necessities. There are many causes of price hikes. The main causes of the price hikes are activities of the market syndicates, dishonesty of the traders, insufficient agricultural production, want of a speedy communication system, political instability, shortage of raw materials, money inflation, etc. Price hikes have a great impact on the daily lives of both the rich and the poor. The poor suffer more because of the price hike. They can't buy their daily necessary commodities due to the excessive rise in the price level. Their income is limited and fixed. With this limited and fixed income, it becomes very difficult for them to maintain their family. However, the price hike is a long-term problem. It can't be solved overnight. Only the government can solve the problem. To solve the problem of price hikes, the government should take strong steps against price hikes. Firstly, the syndicates of the traders must be suppressed boldly. If necessary, traders should be brought under the law, and they should be punished. Secondly, money inflation should be controlled at any cost. Thirdly, agricultural production should be increased by giving priority to the agricultural sector in the annual budget. At the same time, public awareness should be increased against price hikes. If the government takes these steps against price hikes, the price hike problem will be solved step by step, and people will lead peaceful lives in the country. So, we should come forward to prevent price hikes along with the government.
🔥Written by-
MD. Rafiqul Islam
B. A (Hons), M. A (English)
Assistant Professor in a college
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