Paragraph: Price Hike

Paragraph: Price Hike

Price hike means a tendency of gradually looking up of the prices of essential things. It is one of the major problems of our country. Most of the people of our country live below the poverty line. Now they are getting hard-hit day-by-day with the abnormal rising of prices. They are now living almost in a sub-human state of life. The sufferings of the people of the middle class are also great. Many are the causes of abnormal rising of prices in our country. Most dreadful among them are: decrease of production, increase of money supply, hoarding, black-marketing, syndicating, population explosion, moral degradation, natural calamities etc. To control the price-hike is the crying need of the day. Measures to be taken in this regard may be increase of production, decrease of money supply, decrease of public expenditure, creation of self- employment opportunities, rousing patriotic feelings, population control, prevention of natural calamities, stopping hoarding and black marketing etc. The sooner the price-hike can be checked, the better for a healthier economy.

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