The article wants to emphasize on the effects of inflation in the ongoing progress of our country. According to him, GDP of India is in the lowest trend which is not a good sign of development. there is a mention of repo rate and reverse repo rate, terms which I have heard of long back and I am sure they are related to inflation. Its hard for me to deduce on what the author inferred from all the statistics because the topic itself needs lot of understanding on Economics.
Author says that the most effected sector is the food and retail and that the price hike is soon to be seen in spite of measures taken by the ruling government keeping in view of the approaching general elections. the energy sector has a low growth rate which is not good for a developing country like us and that could be because of FDI in other words, revenue generated had to be shared with foreign industries.
throw some light on this if u have or gathered any further information. if not we can end this discussion and move to the next editorial topics.
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