Monday 9 July 2012

Trigerless rise in price






The exorbitant prices of the essential commodities have become a common feature of today’s democracy. Rise in the prices have became a common phenomenon particularly acute in developing countries like India. This phenomenon is ruining the lives of the people from the low in income and middle income group. Consumers have faced a sharp rise in prices of staple foods items such as pluses, sugar and edible oil also.

Besides the rise in prices of almost all essential commodities, the hike in the prices of LPG, kerosene and petrol has added to their woes. The worst affected lot is the middle class people having fixed income, who have to maintain a reasonable standard of living and at the same manage to pay increasing prices for the essential commodities.

The rise in price is partly due to the varying demand and supply situation vis-à-vis rapidly increasing population in India. Any major reason for rising prices is due to the dealing govt. departments to check malpractices of unscrupulous traders who create artificial shortage and who charge exorbitant prices to needy persons. It is shames that even life saving drugs are not spared.

In a survey, the associated chambers of India said Commerce and Industry of India said between 2005-06 to 2010-11, the prices of essential commodities had gone up by nearly 72% and on the country the per-capita income of an average Indian in metros has gone up by 38%. On the other, real per capita income of an average Indian was measured about Rs 26,025 per annum in 2005-06 however, it went up by 9,892 in 2010-11 amounting to Rs 35,917 per annum.

 It is high time that the govt should have a regular effective system of maintaining control on rising prices of at least essential commodities and life saving drugs to offer some relief to a common man from this increasing burden of rising of prices.Even the frosted common people are now coming up to the roads demanding that the civil authorities should carry inspections of the traders alleging the prices of the essential commodities vary from one shop to another in a salcete.





People have alleged that none3 of the shopkeepers display price list and no proper scales are been used in many. During the last 5 months, Civil Supply Authorities and Weighs and Measure departments have not carried out any necessary raids to check the price list nor to see the quality of commodities supplied to the people in the salcete. Consumers have also alleged that the prices of essential commodities goes on changing every month and common man are not fix over frequent changes of prices.

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