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Price hike: unimaginable sufferings of people
David Jones, Dhaka, 25 August 2012:
Recently the prices of almost all essentials commodities especially rice, wheat, groceries, oil, vegetables etc. have gone up beyond the purchasing capacity of the common people. It is found in the local markets that rice sells 35-45Tk. per kg, flour 32-42, Soyabean oil 110 and onion TK 40-50 per kg. Prices of all other daily necessaries have been found to increase in the same way.
The soaring price hike has already made the life of people especially for the poor and fixed income people intolerably difficult. No one knows what their budget will be in the next month or week.
There are many reasons of price-hike. Short supply of commodities and money inflation are the main causes of price-hike. Smuggling and black-marketing are also responsible for price hike. It is learnt from the customers and retailers that the syndicates or the hoarders are deliberately creating this nuisance. In fact, they store essential commodities with a view to making huge profit. This causes a sharp decrease in the supply in the market which contributes to increase in prices. Also the police and concerned authority remain silent taking bribe.
If the situation continues, the people of low income group will not be able to buy their daily necessaries and undergo untold sufferings. As a result they have to consume less than they need. The poor will become poorer and the rich will become richer. Suffering of common people will remain stand still.
The concerned authority said that price hike is nothing new. The whole country is suffering from high prices of commodities due to increase of prices in the international market and money inflation at national level. Yet we are alert to check any tampering in the market. But most of the common people do not agree with them. “These are lame excuses. We just want to have the prices within our reach. We just want to survive” ---said Mr. Ali Ahmed, a retired
David Jones, Dhaka, 25 August 2012:
Recently the prices of almost all essentials commodities especially rice, wheat, groceries, oil, vegetables etc. have gone up beyond the purchasing capacity of the common people. It is found in the local markets that rice sells 35-45Tk. per kg, flour 32-42, Soyabean oil 110 and onion TK 40-50 per kg. Prices of all other daily necessaries have been found to increase in the same way.
The soaring price hike has already made the life of people especially for the poor and fixed income people intolerably difficult. No one knows what their budget will be in the next month or week.
There are many reasons of price-hike. Short supply of commodities and money inflation are the main causes of price-hike. Smuggling and black-marketing are also responsible for price hike. It is learnt from the customers and retailers that the syndicates or the hoarders are deliberately creating this nuisance. In fact, they store essential commodities with a view to making huge profit. This causes a sharp decrease in the supply in the market which contributes to increase in prices. Also the police and concerned authority remain silent taking bribe.
If the situation continues, the people of low income group will not be able to buy their daily necessaries and undergo untold sufferings. As a result they have to consume less than they need. The poor will become poorer and the rich will become richer. Suffering of common people will remain stand still.
The concerned authority said that price hike is nothing new. The whole country is suffering from high prices of commodities due to increase of prices in the international market and money inflation at national level. Yet we are alert to check any tampering in the market. But most of the common people do not agree with them. “These are lame excuses. We just want to have the prices within our reach. We just want to survive” ---said Mr. Ali Ahmed, a retired