Price Hike

What is leading Earning or Price Hike? By Ridhi Kukreja fifty-fifty as Indias economy is said to boom, millions of its citizens are groaning under majestic prices of vegetables and food grains. Price snarf has sent family budgets haywire. From Chandigarh in the north, to Ranchi in the east and from Bhopal in central India to Kerala in the south, a hue and cry of voices has been raised against the relentless price rise, with the common man enquire when things would return to normal. Rising prices arrive at become a chronic malady in Indias national life. They have bedeviln rise to widespread distress, especially among deal those who are already livelihood at the subsistence level and also among those in the fixed income group, handle wage earners and the salaried classes. Because of persistent increases in the prices of the necessaries of life, the number of people living below the poverty line has been steadily increasing. At one time they constituted 60 percent of our population, barely now their number has gone up. While the poor have been worst have-to doe with, the middle class is also feeling the touch modality and even with the rising income levels, the increasing cost of living corpse difficult to handle.

More than wheat, sugar and pulses, it is the rising prices of vegetables that have hit the common man the hardest. Tomatoes are selling at up to Rs 50 a kilo, cauliflower at Rs 42 a kilo and chillies at Rs 70 a kilo, playing butchery with household budgets and forcing people to drastically scale down purchases of non-essential commodities. This is a process of forever rising prices, or equivalently, of a continuously falling value of money.  [pic][pic][pic]Constantly rising prices are like a fire feeding on itself. As they erode the incomes of wage-earners, they give rise to labor unrest. That in turn brings down productivity leading to further increase in prices. Thus, they establish a vicious circle which it becomes problematic to break. As the costs of production... If you loss to get a full essay, order it on our website: Ordercustompaper.com

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