25) Price- hike in Bangladesh

a) What is price-hike?

b) What are the causes of it in Bangaldesh?

c) What is the impact of it into our society?

d) Who are the worst sufferers of it?

e) How can it be controlled?

****Price-hike means the unusual increase in the prices of daily necessaries. Nowadays, it is a common phenomenon in Bangladesh and the problem is getting worse day by day. Market syndicate is mostly responsible for this price-hike in Bangladesh Besides, some dishonest people store essential commodities with a view to making huge profit and thus contribute to increase prices. Other factors which cause price-hike are less agricultural production due to natural disasters , lack of raw-materials, want of speedy communication, political instabilitics , money inflation in national level etc. Price-hike has created a deplorable condition in our society. Lives of general public have been posed to a great threat. Prices of essential commodities have gone beyond the capacity of the poor and the fixed income people. More or less, almost people of all classes are suffering from the problem of price-hike. It is a problem which cannot be solved overnight . The Government should take both immediate and long term drastic steps to reduce price-hike. Any syndicate activities are to be suppessed boldly and inflation of money should be controlled. Agricultural sector should be given priority in the annual budget. At the same time, public awareness should also be raised against price-hike.

Word meaning :-

  1. Price-hike:-দ্রব্যমূল্যের উর্ধ্বগতি
  2. Overnight:- রাতারাতি
  3. Awareness:- সচেতনতা
  4. Priority:-অগ্রাধিকার
  5. Immediate:-তারাতাড়ি






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