FINAL PRICE HIKE REPORT

Page 24

2012

14

2011

12

2010 2009

10

2008

8

Series2

2006

6

Series1

2005

4

2007

2004

2

2003 2002

0 1

2

3

4

5

6

7

Source: The daily Prothom Alo, December 02, 2011 This report explains that , the position of Bangladesh in corruption is first in 2005, thrid in

2006, seventh in 2007, tenth in 2008,thierteen in 2009 and 2011.  Increasing Demand Due to increasing demand, the food stock is becoming less. According to the statement of International Food Policy Research Institution (IFPRI), there is no possibility of reducing food price in the upcoming years. As a consequence, like other importing countries Bangladesh is also affected by this adverse situation.  Advertisement Steven J. Skiner said, “Advertising is paid form of nonpersonal communication about an organization, its products, or its activities that is transmitted through a mass medium to a target audience”. Advertisement increases production cost that leads to price hike.  Reducing Production According to the report of IRRI, in 2025 the demand of rice globally will be 880 million ton which is 70% more than present production. But simultaneously production is not increasing accordingly. In Bangladesh many agro lands are converted into fisheries that have lessened the production of food grains. In Bangladesh the great impediment of production is insufficient supply of power and fertilizer in time.


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