When the cost of living increases as compared to income,
inflation rises. Even a small amount of money is called inflation in the
economy. Every department and institution in Pakistan has become dangerously
corrupt. The rupee is depreciating against the dollar. In this economic chaos,
it does not seem possible to keep commodity prices under control. Numerous taxes
are also causing prices to rise. Stockpiling, illegal black marketing and supply
disruptions also lead to inflation. Unsustainable foreign loans also weaken
economies. Excessive printing of banknotes to cover government expenditures and
economic deficits also spreads inflation. Unequal distribution of wealth also
increases inflation as rich people turn to less resourceful people which leads
to inflation. Economic instability cannot end unless the government prioritizes
economic stability over self-interest. People's sources of income have already
been reduced by less than half due to the negative effects of the corona virus.
The most affected is the lower class who live in rented houses. Rising rents for
houses and shops over the last ten years have also led to a steady rise in
demand, which no government has ever tried to control. Has any legislation ever
been enacted in this regard? Hunger and poverty and severe food crises have
begun to rise globally. The scourge of inflation in many parts of the world has
left people in dire straits. This situation of inflation has opened a terrible
mouth. This terrible situation has gripped Pakistan badly. In a few years, the
prices of daily necessities have multiplied. Education, medicine, rent, daily
necessities are getting out of reach of the poor. Is there no health, no
education, no housing for the poor? Many people are being forced to commit
suicide due to inflation. The country's poorest people are forced to sell their
kidneys, while due to poverty and high prices, many parents have started selling
their children. In addition, poor parents have been stabbing their children to
death.
Rising fees of private hospitals, doctors and schools and expensive medicines
are also a major source of inflation. Both health and education are the
responsibility of the government but unfortunately there are government
hospitals or schools in the country where the quality of treatment and education
is low. Inferior people give birth to inferior offspring and, thus, propagate
their inferiority. In addition to the taxes levied on the public, the state
provides health care and education to the elite. In these circumstances, the
elite has crushed the low-income classes۔ Inflation and the food crisis around
the world have robbed countless peoples joy and smiles.
Before the election, the present government made many promises which it could
not fulfill. Inflation is rising day by day and salaries are stagnant. As a
result, the people are facing difficulties. If everything goes on like this, it
will not be the case that the poor people will go on hunger strike and the
situation will get worse. Rising inflation is also due to the fact that
everything, whether it is food or clothing, is being taxed. Previous governments
have been very corrupt and borrowed from abroad as a result of which the present
government is taxing everything and breaking the backs of the people. Inflation
is sweeping the people like a flood relay, drowning those who are unlikely to
swim.
To make life easier for the common man, to establish a government writ and to
realize the dream of a welfare state, it is necessary to solve the problems of
97% of the people. Ninety-seven percent of those who are exposed to real
inflation and those who are affected by artificial inflation. Because vulnerable
people suffer from it, it has never been seriously addressed in a systematic
way. Paints have been painted in every era but no lasting steps have been taken
till date which is why the people continue to be humiliated by the mafia. It
would be better if the government set up an independent and sovereign body to
control and supply food prices. This institution should be free from any kind of
political interference and work to make the life of the people easier. The
government has the opportunity to do this revolutionary work. If this happens
then the problem of inflation can be solved in a better way. If we look at the
current situation, inflation has affected the common man a lot. Difficulties
have increased and Prime Minister Imran Khan has had to come to the fore after
receiving complaints every day and poor performance of the concerned agencies.
He directed the task force of the Chief Secretary Punjab and the Price Control
Committee to control inflation with full powers and eradicate illegal profiteers
as well as hoarders. The steps taken by the Chief Secretary Punjab and the Price
Control Committee Task Force will be overseen by the Prime Minister himself. In
the last few months, the people have been facing serious problems in providing
and availability of food items at reasonable prices. Food prices have been
rising, but efforts have not been able to control them. Why is this happening,
is it not an administrative failure, is it that they are moving forward without
understanding the problems, is it not that the government is afraid to take
tough decisions in the matter of inflation. It is not that opposition to such
measures from within the party does not succeed in any campaign against
inflation, it is not that the government is entangled in other issues ignoring
the biggest problem of the people. Whatever the reason, it is a fact that
inflation has taken place and due to lack of proper and timely measures,
artificial inflation has made the lives of the people miserable. The
administration has not played its role or the illegitimate profiteers have
sucked the blood of the people. Whatever the reason, the burden is on the common
man from all sides. Government needs to resolve this inflation situation
otherwise in future general public will met more crises.