Price Rise
Price Rise is the bane of modern
world. Prices of essential commodities go on rising every day despite the
professed and genuine efforts of the government.
The main reason for sky-rocketing
of prices is the unabated rise in population at an alarming rate. As compared
to China, India has failed miserably in controlling her population. Another
reason for price-rise is the huge loss of man-days as a result of frequent
strikes and lock-outs in the industrial units. This leads to short-fall in
production. Then India is still a developing country. A huge capital
expenditure is still going on in the form of construction activities and in the
form of establishment of new units. An average Indian has considerably awakened
to the reality of raising his living standard in the matter of eating, housing,
medical aid and providing education to his children. He is also fond of
recreation through T.V. V.C.R, cinema, transistor etc. All this expenditure
pushes up the rate of living. Those who can afford, also purchase luxurious
items like the refrigerator, air conditioner, desert cooler, geyser and other
such gadgets. There is also a lot of wastage on parties, dinners, inauguration
and other functions and on canvassing, publicity and propaganda during elections.
The hoarders, stockists and black-marketeers also push up prices by causing
artificial scarcity in the market. Wars and arms race also lead to shortage and
price-rise.
It is a pity that even more than
forty live years after independence, most of the Indians are still leading a
dog's life. Only some lucky ones roll in luxury. The government should take
some drastic steps to keep prices under control.
1 Comments
Very good paragraph
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