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Editorial

Take steps to curb price hike


Bangladeshpost
Published : 11 Aug 2024 09:00 PM | Updated : 11 Aug 2024 09:00 PM

The price hike of essential commodities has dealt a big blow to the low and middle-income people. The poor people are going through hard times due to unusual price hike, are even more for the middle-class people as they can’t share that they have little or no food at home.

The prices of almost all essential commodities have gone up, making it difficult for the common people to meet their daily needs. The way the prices of rice, pulses, oil, salt, sugar, vegetables, meat, fish  and other commodities have gone up, the lower- and middle-income group of people are not only struggling but also becoming helpless. 

Common people already have their backs against the wall due to the authorities’ indifference to control the overheated market of essential items. Traders have hiked the prices of essential goods, citing the impact of rain, flood, and transport costs as reasons for the surge. 

No one understands their agonies, common people say, adding prices are skyrocketing although their salaries do not increase every year. 

The prices of almost all essential

 commodities have gone up, making 

it difficult for the common people

 to meet their daily needs

The authorities concerned always urge people not to get panicked as there are sufficient stocks of essential commodities in the country while the supply chain is also normal. The authorities concerned also cautioned that they would take tough stance if anyone tries to make excessive profit through market manipulation.

But the fact remains that an organised syndicate comprising traders, wholesalers and millers are still hiking the prices of daily essentials under the very nose of the authority concerned. Though an intelligence agency earlier identifying the members of this unholy nexus submitted a list to authorities concerned, they remain still untouched.

 No legal action has also been taken against the identified dishonest traders, wholesalers and millers yet. As a result, they have become desperate to make profit in large margin in dishonest and unethical way alongside volatile the essentials’ price. 

The prices of essential commodities are going up due to the excessive greed of traders. There is no alternative but to get tough on syndicates those who are responsible for creating unrest in the kitchen market deliberately.