Opinion

Price hike of essential commodities must be controlled
Ali Ahmed
18 Oct,2017

Prices of every day basics keep on going up. It appears prices will never again descend. Lower and fixed income peoples have been suffering more due to such abnormal price hike. The price of rice sees a steady climb for a long time. Moreover, the discount price of pulse, salt, fish, meat and vegetables are now going out of common’s reach.

The cost of vegetables shot up altogether. The cost of a wide range of vegetables aside from papaw is above Tk 60-70. A little cluster of spinach (Pui shak) now offers between Tk 30-40. Brinjal is offering at Tk 80-100 for every kg, tomato at Tk 100-120 and green bean stew at Tk 250-300.

Subsequent to going to business sectors, average citizens are confronting perplexity whether they will purchase their basic products or not. Costs of a wide range of pulses have increased. The cost of grams stays stable. Cost of neighborhood onions has increased by around 11 percent contrasted with earlier week. The cost of imported onions has expanded by 21.25 percent. The cost of ginger has increased while garlic's cost to some degree reduced. Subsequently, low pay individuals are suffering a great deal. The circumstance may fall apart more if the cost of everyday items isn't decreased.

It is apparent that traders and dealers have been increasing the commodity prices stating some lame excuses. There is a claim that the merchants increase the cost by creating an artificial crisis through the hoarding of various commodities. It is likewise said that the cost is going up as the generation of crops have reduced because of floods and torrential rains. Be that as it may, different media reports say there is no crisis of food supply in the market.

Prices go up when the commodities arrive at retail markets from wholesale sellers. In general, the wholesale sellers buy these commodities from farmers at lower price. It means the farmers are not getting the real benefit. A quarter is taking the advantage.

The administration should find a way to assume control in the business sectors. It will likewise need to take measures to keep the costs from going up. .A high level committee should be formed to control the markets. Steps should be taken to strengthen the market monitoring. The government will have to ensure punishment for those hoarding daily commodities illegally.