Inflation in India has a complex history. It has fluctuated due to various factors. Economic policies, global events, and agricultural productivity have all played a role. The 1970s saw significant inflation, driven by oil crises. In recent years, inflation has been influenced by monetary policy and supply chain issues. Understanding this history is crucial for grasping India's economic landscape today.
The main objectives of the Industrial Policy, following the years 1990, are as follows: (a) To maintain a sustained growth in productivity and gainful employment and attain international...
India often referred to as the "breadbasket of Asia," has a rich agricultural history and is one of the world's largest producers of rice and wheat. According to...
The Economic Survey is a comprehensive report that provides a comprehensive analysis of the Indian economy in the financial year that is coming to an end. Prepared by...
On November 8, 2016, two largest denomination notes, Rs 500 and Rs 1000, were 'demonetized' with immediate effect, ceasing to be legal tender. At one stroke, 86 percent...
India has been traditionally a low inflation country. Barring a few years of high inflation driven by supply shocks, inflation has remained benign throughout the period since independence....
Reserve Bank of India have came up with the monthly bulletin on November 11, 2020. TheRBIbulletin reports that there is a sharp rebound of the Indian economy from...
The World Bank's South Asia Economic Focus report recently predicted India's economic growth to be between 1.5-2.8% for the fiscal year 2020-21, highlighting it as having the slowest...