Inflation in India-government policy
Tags :
policy measures, inflation, bank policy
Industry :
Banking, Communications and Networking, Consumer Durables
Functional Area : India |
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Inflation in India touches 10.16% recently and this inflations spreads its hand on manufactured goods also(As per recent press release.) Situation is worrying the government. Government announced that RBI will take corrective measures to control the inflation. The inflation is increasing steadily at a higher rate. It seems to be the government is not seeing the situation in subtle and always ask RBI to take action.
Our inflation measurement is also not at par with the international standards. we have seen situation where inflationary conditions are existed in the market, in contrast govt. express deflationary conditions in the country by releasing negative figures.
whether altering the CRR and Repo rates is the only policy measure available to correct the inflation or deflation in the country. There are no other alternatives. Inflation may also be on account of demand and supply gaps, or black marketing. How this has to be identified and to be controlled. What should be the policy decisions or matter should be? What steps the government has to take?
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manikanta raj
| Added idea
"Pricing policy, demand & supply index maintenance on real time basis."
| 1 year ago
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RBI has changed the CRR rates in its bank policy to adjust inflation conditions in the market, but the same is not fruitful, it is ineffective to control the same and it is clearly evident by recent trends in inflation. It seems to be the...
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Yes
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3
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1
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No
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Suryanarayan Murthy
| Argues in support of
"Yes"
| 1 year ago
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I understand that Baba Ramdev was telling the media that INR will appreciate and become equivalent to One INR is equal to 50 USD, provided all the black money stashed in swiss banks is brought back to India. The interest on this money alone is...
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priti inamdar
| Argues in support of
"No"
| 1 year ago
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Good topic Sir. Bt i dont think so because for tackling inflation thr are many solutions except this. If Rupee appreciation will happen it is very dangaruous for the exporter and export become expensive,Deficiency will increase and so on reasons...
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Yes, it can be controlled by taking corrective actions
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0
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No, it can't be controlled
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Himanshu Upadhyay
| Argues in support of
"Yes, it can be controlled by taking corrective actions"
| 1 year ago
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Inflation can be controlled up to some extent, if Govt can take some strict actions against food mafias and takes out the food, which is being converted in to garbage in govt godowns
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(rate this)
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YES
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1
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11
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NO
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Ganesh Ramaswamy
| Argues in support of
"NO"
| 1 year ago
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It is only creating an artificial feeling that inflation is reined and RBI is only postponing another crisis on cost of living....
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sudhakar
| Argues in support of
"YES"
| 1 year ago
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when velocity of money is more nothing is assured.
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Srinivas suravajhala
| Argues in support of
"NO"
| 1 year ago
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I doubt the credit policy can only pull down the inflation. There are too many factors contributing to it. RBI is trying its best pull down the circulation of money. The Middle class and the poor will be greatly affected by these measures. The...
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Mathew Cherian
| Commented
| 3 months ago
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This means, the country need be prepared to manifest low inflation in future, especially for a developing country like India since, development can be highly inflationary and one cannot undertake it by lying down with the belief that things will...
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Activity:
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Why ca n’t we contain Inflation which other developed nations find it easier to do? Inflation is the general rise in price levels. It is matter of previlages and authority that is mismatched that lead to loss in value of the currency which had been our problem for long where our currency now is so undervalued and is loosing it as a pattern for long time. It all emerges, let us forget about the standard routes of raising rates or restricting money supply or even creating autostabilizers there is a fundamental reason why we have inflation far beyond what may be required by our growth and employment. Suppose if one get an electric connection, one need to also buy an inverter to get sustained power. If one need to buy a car one need to also spend on extra demand of services every half year. If one need to go to an office to get anything now(not now I presume) one need to spend extra income to get it to functional levels. So on and so forth goes the extra income required to meet the...
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Random Pick... Why me? Arthur Ashe , the legendary Wimbledon player was dying of AIDS which he got due to the infected blood he had received during a heart surgery in 1983. From world over, he received letters from his fans, one of which conveyed: "Why does GOD have to select you for such a bad disease"? To this Arthur Ashe replied: "The world over - 50 million children start playing tennis, 5 million learn to play tennis, 500,000 learn professional tennis, 50,000 come to the circuit, 5000 reach the grand slam, 50 reach Wimbledon, 4 to semi final, 2 to the finals... When I was holding a cup I never asked God 'Why me?'. And today in pain I should not be asking God 'Why me?' " Happiness keeps you Sweet Trials keep you Strong Sorrow keeps you Human Failure keeps you humble and Success keeps you glowing But only Faith Attitude Keeps you going... “ Mistakes are painful when they happen. But years later, a collection of mistakes called experience leads us to the success...”
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Security experts have discovered the biggest series of cyber attacks to date, involving the infiltration of the networks of 72 organizations including the United Nations, governments and companies around the world. The long list of victims in the five-year campaign include the governments of the United States, Taiwan, India, South Korea, Vietnam and Canada; the Association of Southeast Asian Nations (ASEAN); the International Olympic Committee (IOC); the World Anti-Doping Agency; and an array of companies, from defense contractors to high-tech enterprises. "What is happening to all this data ... is still largely an open question. However, if even a fraction of it is used to build better competing products or beat a competitor at a key negotiation (due to having stolen the other team's playbook), the loss represents a massive economic threat." Jim Lewis, a cyber expert with the Center for Strategic and International Studies, was briefed on the discovery by McAfee. He said it was...
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