Price Hike in Bangladesh

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ABOUT RECENT PRICE HIKE IN Bangladesh| March 4
2010
|
Prepared For-Kaikobad Rana Sir| Submitted By-Overcome Group|

Group Members Of Overcome-

* Group Leader-

MD Sazzadur Rahman Chowdhury
ID-082011013, Sec-A, 3rd Semester

* Administrator-

Riad Morshed Chowdhury
ID-082011012, Sec-A, 3rd Semester

* Researcher-

A.F.M Maruf Rahman
ID-082011035, Sec-A, 3rd Semester

* Members-

MD Rafiqul Islam
ID-082011022, Sec-A, 3rd Semester

Atiqur Rahman
ID-082011017, Sec-A, 3rd Semester

Mostafizur Rahman
ID-082011282, Sec-A, 3rd Semester

Rashedul Hasan
ID-082011008, Sec-A, 3rd Semester

Nishat Ahmed
ID-082011009, Sec-A, 3rd Semester

Lubna Ahmed Luna
ID-082011040, Sec-A, 3rd Semester

4th March, 2010

Kaikobad Rana
Lecturer
Department of Fashion Design
Shanto-Mariam University of Creative Technology
Lalmatia, Dhaka.

Subject: Submission of Term Paper.

Sir,

As the course requirement of DES-102, we were assigned to do a job regarding the topic of Price Hike. We have provided our best effort to complete our tasks according to the requirements.

We tried to complete our tasks by doing different research works and from our limited knowledge. It is a matter of great pleasure for us to present the report on time. We will very glad if the report can fulfill its purpose.

Thank you,

Sincerely yours

MD Sazzadur Rahman Chowdhury
Riad Morshed Chowdhury
A.F.M Maruf Rahman
MD Rafiqul Islam
Atiqur Rahman
Mostafizur Rahman
Rashedul Hasan
Nishat Ahmed
Lubna Ahmed Luna

ACKNOWLEDGEMENT
First we want to thanks our faculty who give me this opportunity to do this research. Who helped and guided me to do this research accurately. Secondly we want to thanks Kaikobad Rana Sir for his uncondetional support. I also want to thanks all the people who participate in our survey. And my entire friend circle. And last but not lest my God. Thank you.

ABSTRACT
THE MAIN REASONS AND PUBLIC’S REACTION ABOUT RECENT PRICE HIKE IN Bangladesh
We choose this topic “THE MAIN REASONS AND PUBLIC’S REACTION ABOUT RECENT PRICE HIKE IN Bangladesh” because recently the price hiking problem has become the main social problem in Bangladesh. People are suffering most in this problem now specially the poor people. There are many reasons behind this problem. . But we think formation of syndicate and corruption is the main reason behind this. But international market price, fuel cost, power crisis, natural disaster, transportation problem, illegal toll collection, action against corruption by the caretaker Government, street vendors and illegal construction drive by the joint forces, lack of communication and co-ordination in between different Government officers etc are also responsible for recent price hike in Bangladesh. And the rate of this price hike is very fast. Even the military back Government was failed to solve this problem. They were not able to find the root behind this problem due to lack of appropriate monitoring system. But just the Government can solve this problem by using his intelligence agency, by introducing effective monitoring system, by improving law & order and by identifying the evil syndicate groups. But it is not a very easy job. The support of general public is also needed to solve this problem.

FINDING
The main reasons behind this problem:
* The prices of commodities are almost uniform across the capital, which only implies that a group of people are fixing the prices and that they have enough clout in the market to be able to decide what the prices should be. * Corruption of so called political leaders, corruption of different Government officials and law enforcing agency is the main reason behind this problem. We can solve this problem by taking the following measures.

* Identify the syndicate groups.
* By improving law and order.
* By framing appropriate laws by the Government to eliminate middle classes in...
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