With developing economy the prices go up. Strikes result in fall in industrial production.
Sometimes, one feels baffled when one learns that there has been a bumper crop and still there is scarcity of essential commodities in the market. In spite of many efforts of the government to develop the sources of energy in the country, they have not yet grown in proportion to the demands in the developing mills and factories.
Their prices should be fixed. The consumer is no less to blame for the state of affairs. The circulation of back money must be controlled at all costs.
Inflation and over drafting result in the hoarding of black money which gives rise to prices. The majority of people in our country belong to Essay on problem of price rising low-income group. That in turn brings down productivity leading to further increase in prices. They take interest in blaming each other and politicizing a problem affecting every common citizen.
A number of reports have suggested that there are trillions of crores of black money in and outside the country that belongs to the Indians. But limits should be defined.
Pays have gone higher, but the employs are not satisfied. In the context of the situation as it has developed in India, we have heard it repeatedly many times that the rise in prices witnessed in the country is in part due to the impact of global inflation.
The arrangement and distribution of the commodities is also not proper in our country. Moreover, publishers incur costs of quality assuranceand costs of digitized preparation.
This also brings down the production of the things, which again gives rise to the prices. The businessmen and the traders meet out the problem of dearness by earning larger profits. Drastic efforts shall have to be made by all concerned.
The supply of things goes low and the prices go high. However, rapid development of information technology has transformed books from paper to paperless format and delivered to users in an electronic form generally referred as e-books. The hardest hit on this problem is the salaried class.
Inflation refers to the problem of rising prices. Our population is increasing very rapidly. Therefore, they are hard hit by the high prices of essential goods which register a rise every week and every month.
Lately they have entered into an agreement that with the rise of every three points in the market price index, the government will increase two or three percent dearness allowance of their salaries.
A modest increase in prices in not unhealthy for a developing economy like India. Lack of control and check over government spending. They abuse their powers and accept the bribe.
The government is also to be blamed to some extent. We should make a vigorous propaganda in favour of family planning.
March 18, By Ajit Sen This article discusses the inflation, the current situation, the causes and the means to control inflation in India. With developing economy the prices go up. Prices are bound to increase in a developing economy and there can be no absolute price stability, as such.
They are quite indifferent towards the seriousness of the problem. In order to check price rise, effective steps should be taken and at the same time excessive circulation of money should also be checked. So the cut of power is observed by the factories.
In defiance of of stringent laws against such malpractices, they anxiety to get rich quickly, they create man-made shortages and add to the misery of the people. Production of agricultural goods should be increased along with industrial goods. However, there was no mass market of e-books during this period, readers could only view the Gutenberg's project through desktop computer.Read this article to know about the Essay on Rising Prices.
The price rise is a world phenomenon today and inflation is affecting every section (rich and poor) of society. Our country is also facing this problem.
The prices of almost all essential goods are going up. And prices once gone up never come down. The problem of rising price Essay THE PROBLEM OF RISING PRICE There is the problem of rising price all over the world. But this problem is more serious in India than anywhere else.
It is the greater curse to the poor class. The following facts have causes. Essay On The Problem of Rising Prices. The factors which contribute to price rise can be broadly classified as external and internal. In the context of the situation as it has developed in India, we have heard it repeatedly many times that the rise in prices witnessed in the country is in part due to the impact of global inflation.
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. This is a problem that has to be tackled at all levels and the common man needs some relief from the continuously rising prices.
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