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.
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.
Labels: inflation

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