Reign in Inflation

Reign in Inflation

Inflation in India seem to be under control but in real sense of term I don't think so. The recent news that food inflation is negative is illusory as the base year or month taken is not a real representative of the situation is recent years. The RBI has trying its various measures like Cash Reserve Ratio(CRR) and cuts in interest rate and increasing lending rate to reign in the Monster of Inflation in India and repeatedly it remained unsuccessful. The negative balance of India's foreign trade and commerce will pauper the country in coming years. Instead of developing indigenous capability of Light Combat Aircraft government is making $10.4 billion deal with France. How can we expect that the government is trying to reign in inflation.
Shashikant Nishant Sharma
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About Editor SNSharma

Author, Planning and Publishing Consultant
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