Jose John March 23, 2015 No Comments
PROBLEM OF RISING PRICES The problem of rising prices is the greatest economic problem of India today. The constant rise in prices is cutting the throats of millions today because millions of people find it hard to earn one square meal a day. Millions in India today sleep without food at night and wake up hungry in the morning to do their day’s work. But all their day’s work does not promise them sufficient to eat and drink. No doubt it is a baffling problem throughout the world, still a developing country like India can only ill-afford it. It has and will further make poor poorer and rich richer and consequently will bring untold miseries to men of common means. Prices have become double in the last five years and many common things are beyond the reach of the common people. Even pluses have become a luxury and only the rich can afford them. Meat also sells at a fabulous price. More and more things are going beyond the pockets of the common people. There are various factors that contribute to this rise in prices. Some are natural factors like unfavourable weather conditions which affect the food production and lead to the shortage of commodities in the market. With more...
read more