Price hike means the exorbitant increase of the
price of almost all the essential daily commodities. There are many reasons of
it. Short supply of daily commodities and inflation are mainly responsible for
price hike. Sometimes dishonest businesspersons and hoarders artificially raise
price for making more profit. The price hike may also causes due to flood and
fault of rail and road communications. Besides, the holy month of Ramadan also
contribute a lot to it because people buy some commodities more than in other
months. Vegetables, brinjal, green chili, sugar and oil become most expensive
than. There are some bad impacts of it in our society. Price hike decreases our
living standard and increases corruption in our society. Price hike increases
the sufferings of the common people. The poor and the middle class people of
our society are affected by it. Nevertheless, the worst sufferers of it are
those who live from hand to month. Government should take immediate actions to
control it. The law enforcing agencies should be deployed in the market place
to monitor the market price. Legal actions must be taken against the dishonest
businesspersons and hoarders.
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