Paragraph on Price Hike

Write a continuous paragraph by answering the following questions:

(a) What do you mean by price hike?

(b) Name some major essentials that have gone up.

(c) Why have the prices gone up?

(d) What are the effects of price hike?

(e) What should we do to stop it?

Price Hike

Price hike means the fast and excessive rise of price of daily essentials. Recently the price of daily essentials such as rice, flour, potato, green pepper, edible oil, baby food, fuel and many other daily commodities has gone beyond the purchase ability of limited income group. Frequent natural disasters, low yield of agricultural products compared to the fast growing people, inordinate avarice of dishonest businessmen, less government subsidy to agricultural sectors, lack of hybrid seeds and modern agro technology, rising prices in the international markets, too much dependence on import, government’s failure to strengthen the local resources etc. are some of the major reasons for the recent price hike. Due to it, living cost rises and people of all walks of lives adversely suffer. The poor often starve and cannot buy medicine or clothes. The middle class people’s budget fails to cope with the price of daily essentials. It also causes inflation and unrest. After all, it more or less affects all the people of a country. The government and the people need to have an integrated, honest, strong and whole-hearted approach to addressing this problem.

Word-note: price hike/spiral – মূল্য বৃদ্ধি, fast – দ্রুত, excessive –অতিরিক্ত, daily essentials/basics – দৈনন্দিন জিনিসপত্র, edible oil - ভোজ্য তেল, purchase ability - ক্রয় ক্ষমতা, limited income group – সীমিত আয়ের লোকজন, low yield – স্বল্প ফলন/উৎপাদন, compared to - তুলনায়, fast growing - দ্রুত বর্ধনশীল, inordinate - অপরিমিত, avarice – অর্থলোভ, subsidy – ভর্তুকি, adversely – প্রতিকূলভাবে, cope with – পেরে ওঠা, inflation – মুদ্রাস্ফীতি, unrest – অস্থিরতা/অস্থিতিশীলতা, more or less – কম-বেশি , integrated – সমন্বিত, whole-hearted – আন্তরিক, approach – পদ্ধতি/প্রক্রিয়া, address – সমস্যার সমাধার করা।