Wednesday, 5 October, 2022

Supportive measures for sufferers urgent

Warnings bells are ringing over rising cost of living which went beyond the means of common people. Fresh price-hike of essentials has put on financial constraints on every class of people, but the plight of lower class and middle class consumers is beyond description. People’s income has remained the same, but the cost of living is continuously rising. Prices of essential commodities like rice, egg, edible oil, pulse, flour, sugar, onion, spices and necessary consumer goods are going up in the markets almost every day. Recent adjustment to local price of fuel and market manipulation by unscrupulous traders are the reasons behind the crisis which has dealt a strong blow to people belonging to fixed and low income groups.

They are struggling to keep up with the rising cost of living. Now, they   have to spend more on food making compromises one way or another. Besides, increased transport cost has been a major concern for the people who have to use mass transport. The additional cost is creating a discrepancy against people's income. Apart from high price of basic food items, high price of non-food items is putting a huge burden on households. Many families are grappling to make ends meet. The struggle of the poor and low-income groups that began with the outbreak of Covid-19 in early 2020 has now worsened due to unabated rise in the cost of living. High inflation is directly threatening the food security of people earning a minimum wage as they are unable to manage either a regular diet or a compromised diet. It is apprehended that many households are at risk of falling below the poverty line.

It is urgent to lower commodity prices to relieve the suffering population. As the real purchasing power of many people declines, it results in further inequality. It is imperative on the part of government to provide various supportive measures to the sufferers. Increased volume of sale of essential commodities through OMS can be one of such measures. Distribution of the commodity items must be managed effectively without any corruption so that deserving people can get the items at low prices.