Especially, oil importing countries extremely need to use other means of energy that might contribute them to deal with big economic crisis. The rate of increase in dearness allowance is so low that it hardly meets the rate of rising prices.
But the trouble starts when the income of the people does not match with rising prices. India I facing this problem. Not only that, the railway fares, air fares and bus and taxi charges are also increasing regularly. Thus, they earn high profits. Increasing of agricultural and industrial production, proper distribution of the commodities, safeguarding them in the stories, paying taxes to the government without any evasion some of the measures which if applied honestly will not only check the trend of rising prices but also bring them down.
As a result of thisoil importing countries needs more energy to run their local economy. To meet out the deficit of the budget, it takes to printing of more paper currency and having loans from abroad. More fair-price shop should be opened in different localities.
Such practices not only deprive the country of much-needed resources but also serve as bad examples for those whose who cannot afford to pay such high prices. This tells upon the production of things. Sense of patriotism must be created by our leaders who should be far above corruption.
With the breaking of joint-family system, the cost of living has gone up. For valuable and less weight products such as electronics shipping costs are tolerable.
What is needed is the right intention and the force of will. High interest rate is a mechanism to control inflation. Given the necessary will and determination, none of these presents an insuperable problem.
Due to the expectations that is related to OPEC supply cuts, political tensions in Venezuela and strict stocks increased international crude oil and good prices in Marchmarket conditions are more volatile than usual, United States were trying to increase crude oil prices.
March 18, By Ajit Sen This article discusses the inflation, the current situation, the causes and the means to control inflation in India. There are inadequate checks in the government-spending.According to the Teresa Ter-Minassion()"The British Airlines is flying with 25% empty seats because of the rise in fuel prices "There is a debate that is related to selling the British Airlines to another company due to the rising fuel prices.
Essay on Rising College Tuition - According to the Bureau of Labor Statistics, college tuition and relevant fees have increased by percent (“College costs and the CPI”).
percent is a very daunting percentage considering that it has surpassed the rise in. Problem of Rising Prices in India Out of the many problems that are facing India, the problem of rising prices is the most intricate.
Although it is affecting universally, yet it has rendered the life of the poor impossible to pull on and the number of poor in India is far greater than the rich.
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