Monday, July 25, 2011

Problem of rising prices in Nepal







        Rising of prices have strangled the acceleration of development. It has emerged as the burning challenge. There are some causes of rising prices. According to economist, growing economy of the world has given rise to the prices of the goods, but the purchasing capacity of the average people in Nepal is not rising. Similarly, rapidly growing population, corruption and scarcity of the goods are other causes of rising of prices. High demand certainly increases the prices of goods. Thus, the main causes of rising prices are growing economy of the world, imports, over population growth, corruption, scarcity of goods and high demands.


The poor are victimized by rising prices of goods. The rich can afford anything. They pay the workers handsomely. The economy of the country certainly gets affected adversely if rising of prices goes up rapidly. The government should control the prices of goods by opening more factories and fixed rate stores. Fixed rate stores automatically control the goods getting expensive.

No comments:

Post a Comment