Not only is inflation a bane for the public but also a key issue in economic planning as it has turned into stagflation. We hear of price hikes everyday and in times of everyday use which means the lower classes and lower middle classes are the worst hit by these hikes.
Another tariff hike in the power sector is in the offing where we had been shocked by one a little time ago. This tariff hike does not seem like a good decision as not only will it further disgruntle the already-exhausted classes but it will also have an adverse effect on industry and economic activity.
The government needs to take the issue of inflation seriously as it could prove to be its undoing.