Price Hike Article Class12

Price Hike Article Class12: This article specially written for Class 12 question asked in English core model question paper 2021 issued by Jharkhand Academic Council, Ranchi.

Write an article on ‘Price Hike’ in aobut 150-200 words.

Rise of price of goods and servies is call price hike or price rising. The price of goods and service is increasing in India day by day. Economics state that price hike is an indicator of growth for a country. But the life of daily workers becomes very difficult. The biggest problem of the general public is the rise in price every day.Increasing Price depends on many factors. Rapid growth of population, increase in incomes, inadequate agriculture output, inadequate industrial productions are the measure causes of price hike. High governmental GST texes also resposeable for it. Government employees do not have much effect of price rise but Life of the common people becomes very complicated.It becomes difficult for an ordinary man to gather the essentials of day to day life. Ordinary people can be relieved from the problem of price rise in many ways. Government should focus more on the production of consumer goods, Take strict steps to stop population growth, Reduce taxes on consumer goods and the government should generate more and more employment so that the price increase will have less impact on the people. The public should also contribute as far as possible.

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