Check price hike during Ramadan | The Daily Star
12:00 AM, April 29, 2019 / LAST MODIFIED: 12:00 AM, April 29, 2019

Letters to the Editor

Check price hike during Ramadan

Every year, the price of daily commodities goes beyond the reach of common people whenever Ramadan comes around. Since the demand for necessities goes up, some unscrupulous and avaricious businessmen take the opportunity to hike the prices. The prices of some commodities, especially sugar, oil and vegetables, increase exponentially in Ramadan, which puts them beyond the reach of people with limited incomes.

Though the authorities every year request businessmen to keep the prices within the reach of the common people, it hardly shows any result. Furthermore, some people attempt to create artificial scarcity of daily commodities so that they can earn exorbitant profits by selling at higher price. Considering the sufferings of the common people, businessmen ought to behave in a rational way to keep the prices of daily essentials at an affordable level.

 

Shakil Ahmed

Department of Accounting & Information Systems, University of Dhaka

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