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INFLATION IN INDIA: CAUSES AND REMEDIES

This paper delves into the intricate landscape of inflation in India, aiming to dissect its root causes and propose strategic remedies. As a developing economy, India grapples with the complexities of inflation, which significantly impacts economic stability and the standard of living. The causes are multifaceted, including demand-pull factors arising from rapid economic growth, cost-push elements driven by escalating production costs, and structural issues like inefficient agricultural practices. To address these challenges, the paper suggests a multifaceted approach encompassing monetary policy measures, fiscal reforms, and structural changes. By exploring international cooperation and learning from successful strategies in other countries, India can forge a path towards sustained economic growth with controlled inflation, fostering a prosperous and inclusive future.

               

 

Madhur, M. (2024). INFLATION IN INDIA: CAUSES AND REMEDIES. In INTERNATIONAL JOURNAL OF ADVANCED RESEARCH IN COMMERCE, MANAGEMENT & SOCIAL SCIENCE (Vol. 07, Issue 01(II), pp. 224–228). Inspira. https://doi.org/10.62823/7.1(ii).6552

DOI:

Article DOI: 10.62823/7.1(II).6552

DOI URL: https://doi.org/10.62823/7.1(II).6552


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