There is no actual shortage of any thing in the country. They have to live most of their life in showing off.
Public should co-operate with the government. But they have to maintain the same status in the society such us sending their children in the reputed schools of the city by paying huge fees and so on. Such black marketers pay high prices of the commodities they need. Ghanem added that a serious food crisis could arise if another supply shock hits a major exporting country—as a result of bad weather, for example.
But exports fell The issue of butter prices is similar in Germany. So this problem is worse here. Political parties regardless of ideologies, have one common ideology-Shedding crocodile tears for the poor to collect their respective votes. Although it is affecting universally, yet it has rendered the life of the poor impossible to pull on and the number of poor in India is far greater than the rich.
The government must take over the trade of important food grains such as wheat, rice and sugar. Limited Transmission to Domestic Prices: According to Ghanem, good harvests in many African economies actually led the prices of major staple crops, such as maize and sorghum, to decline.
Problem of Rising Prices in India — Essay Article shared by Out of the many problems that are facing India, the problem of rising prices is the most intricate. Advanced Economies: While food prices are an important driver of inflation in developing economies, their impact is smaller in advanced countries, noted Glauber.