Explain the effects of prevailing low global growth and high global inflation on the present Indian economy. Discuss the methods to control inflation with special mention of inflation targeting.
The Impact of Global Economic Headwinds on India and Strategies for Inflation Control Introduction: The global economy is currently grappling with a confluence of challenges: sluggish growth and persistently high inflation. This “stagflationary” environment, unseen in decades for many developed economies, presents significant headwinds for even relatively robust economies like India’s. While India boasts strong … Read more