Ksshama's blog on Youth Trends

Sunday, July 6, 2008

It is very very important to bring inflation down............

Inflation will stay for how many days ?

India's inflation has scaled alarming heights. It will affect will on the
country's growth. Upto the 1980s, the inability to control inflation led to long-term
inflationary expectations that had significant negative effects on growth.

Corporates spent a great deal of time on managing inflation and less on genuine improvements in productivity. This led to a culture of asset creation rather than income generation.
So, it is important to bring inflation down.

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