Inflation

Nayeem Islam, The Aga Khan School, Dhaka

Photo: AFP

Inflation in any country has some characteristics of a market economy, is quite normal. But when prices of essentials like rice and edible oil soar three or four times in a couple of days and the people's income remains the same as that of five years ago, e have reason to doubt how efficiently our administrators are running the country. An adviser could not make things better by uttering that the government had nothing to do to reduce the prices of rice. People are quite disappointed; a government that can easily incarcerate corrupt politicians with or without substantial evidence is periodically failing to keep prices of essentials from soaring out of people's affordability. It doesn't seem that the market is always plagued by a lack of supply; some unscrupulous traders are pointed as the main culprits every time and the task of bringing them to justice and restoring normalcy in market prices seems to be a daunting one, at least for this government. We dream of a corruption free society but if achieving that means that the people will not be able to eat even once a day due to rising prices of essential food items, it will not help us.