How much will the product price increase?

Picture of Eati Akter

Eati Akter

Sub- Editor

The only topic of discussion in the whole world including Bangladesh today is the product price. This matter There is only one cause of discussion in which all animals including humans are involved standard of living When the corona infection was going on in the country, people were thinking of corona Then maybe the price increase will come down. But no it didn’t. It is increasing due to various reasons. Due to the increase in the price of goods, the situation of the people of Bangladesh is now at a standstill deplorable Unbridled rise in commodity prices is the most talked about issue in Bangladesh. Abnormal and sudden increase in prices of daily necessities of common man Breathing condition. Commodity markets are currently reeling across the globe. that The prices of goods that have started to rise since the beginning of the corona infection are not in any way not stopping Now Russia-Ukraine war is added to it. To face this war The Western world including America decided to impose economic sanctions arbitrarily It has had an immediate negative impact on developed world markets. Apart from fuel oil, the prices of daily necessities have increased so much What used to be a sixty dollar purchase of groceries, is now a purchase It costs ninety to one hundred dollars. Not only that, this is enough to increase the price of the product Trickery has also been resorted to. In many cases, the quantity of the product, keeping the previous price Reduced by about twenty-five percent. Prices of all types of goods and services, including food, continue to rise. market control In the absence of effective initiatives, traders are raising prices as they please. somewhere There is no product price adjustment. The strain on the lives of the lower and middle classes has reached an extreme. Their income has not increased, their expenses have increased manifold. They increased the expenditure sector No, he is able to buy goods at the cost he used to live under normal conditions no Any expenses other than the essential expenses of food, medical, education of the child Many have given up. In addition to excluding travel, entertainment, wedding invitations etc Reduce the stress of living by excluding less essential expenses including mobile data can’t According to various data-statistics, ordinary people to reduce consumption demand Being forced to suffer from various diseases including malnutrition. World Food and Agriculture Organization According to the (FAO) report, every day an adult is healthy For 2-3 tablespoons of oil, 270 to 450 grams of rice, flour, 400 to 600 grams of mixed Vegetables, 250 to 350 grams of fish, meat, eggs should be eaten. Low in Bangladesh Income people are not able to take this food. According to a BBS report, People of Bangladesh are now suffering from two types of malnutrition. First of all, scarcity Malnutrition, secondly, malnutrition due to food-related chronic non-communicable diseases. of As a result, stunted and less intelligent children are born. Working people are getting weaker. For the past three years, the common people have been living in dire straits. Now a normal life has become impossible. The biggest thing is, They have eaten. From a comfortable life to a difficult life. a lot Where the family used to eat fish and meat one or two days a week, now they skip it gave It is not possible to reduce the cost. Adverse reactions are everywhere. When consumption decreases, production also decreases. Usually matching production with demand Products are produced by If it is disturbed, the economy and people’s living conditions will decline happens Many producers have already reduced production. Work quietly to cut costs is cutting Stay away from salary increases, instead reduce them. In some organization Salary has become irregular. If this is the condition of the working people, what is the condition of the unemployed? It’s not hard to guess. Propensity to save among common people has decreased significantly. The banking and savings sector is suffering from severe deposit crunch. Ordinary people who had saved, broke the savings to meet the living expenses And the money deposited in the bank is exhausted. Unable to run a family in Dhaka Many families have sent them to village homes. Many people need food, education and Basic needs like medical treatment are not being met. They also borrow Can’t run the family. Getting into debt. In such a situation, commodity prices eg As the prices of other services including gas and electricity increase, life is miserable has become To control commodity prices, the government should monitor the market system And policies should be put in place to control the prices of products. Black market and smuggling must be prevented. It is possible to create a balance between demand and supply of products will be Those who are creating artificial crisis in the market should be brought under the law. To create awareness among all. The price is within the reach of common people If there is, the government has to confirm that. A large number of people with the food products that the government is selling through TCB As demand is not being met, its impact is not reaching the market. A businessman The prices of goods are increasing recklessly. There are many such middle class families Those who are interested in getting TCB family card now without considering their self-esteem. For them, saving lives is now more important than self-respect.

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