Problems of rising prices in Nepal

Nepal is a landlocked country. It is also an agro-based country. It is known as developing country. There are many problems in Nepal. They are unemployment, illiteracy, over population growth, corruption, social evil and crimes and so on. The problem of rising prices is one of the serious problems in Nepal.

There are some causes of rising in Nepal. Nepal has to import many goods which are really expensive for the average Nepalese people. According to the economist, growing economy of the world has given rise to the price of goods, but the purchasing capacity of average people in Nepal is not rising. Similarly, rapidly growing population, corruption and scarcity of the goods are other causes of rising prices. More people needed more goods. Corrupt individual can afford anything. When they pay high prices, rising of price runs faster. Some of the goods are scarce in our market. More people demand these goods. Thus, the main causes of rising prices are growing economy of the world, imports, over population growth, corruption, scarcity of goods and high demand