2. Group Members
1. Yasin Hasan Suzon
ID 13-24440-2
2. Zahid Hossain Bhuiyan
ID 13-24413-2
3. What is Price Hike..?
Price hike means the rise of price of daily necessaries
When the cost of something becomes far more expensive than its
original price is known as price hike
4. Is this something to worry..?
If the price rise faster than the income of general peoples, life can get
pretty hard easily.
According to World Bank Rising food prices have driven an estimated
44 million peoples into poverty in developing countries like
Bangladesh.
5. Reasons of Price Hike
1. Market Syndicate
2. Transport Cost
3. Corruption
4. Smuggling and black-marketing
6. Reasons of Price Hike
5. Shortage of supply
6. Natural disasters
7. Lack of food production
8. Increased price of essential elements
7. Effects of Price Hike
• Deplorable condition in society
• Peoples are driven into poverty
• Poor peoples are now helpless in the question of survival
8. Global price-hike & its impact
on Bangladesh
1. Government has to take loan for purchasing food from the world
market
2. Government is facing loss
3. Rising prices on the global market will push up the average
purchase cost
9. Global price-hike & its impact
on Bangladesh
4. More people may be driven into poverty
5. The inflation may already increased
6. Peoples are gradually losing purchasing power
10. Ways to prevent Price-Hike
1. Syndicate activities are to be suppressed boldly
2. Inflation of money should be controlled
3. Government should emphasize on the increase of production
4. Agricultural sector should be given priority
5. Public awareness
11. What is government doing
1. Imports products from abroad
2. Gave free fertilizers in recent years
3. Decreases price of rice, dal, sugar etc. for poor peoples
4. Producing products themselves
5. Try to raise awareness
6. Giving penalty to guilty about price-hike
12. What is E-governance doing
1. Raising Awareness
2. Telling peoples about their right
3. Taking control
4. Knowing about the condition
13. Conclusion
Price-hike is such a problem which cannot be solved overnight. The
government should take immediate and long term drastic steps to
reduce price-hike.
Hinweis der Redaktion
When the cost of something becomes far more expensive than its original price is known as price hike