Indian Economy: Comparative Study of Inflation and Monetary Policy

Ishfaq Ahmad Bhat

Abstract: The issue of inflation is found all over the place, regardless of whether created or creating economies. With respect to rate of inflation is concerned it differs relies on soundness and quality of economies of the word. A few market analysts trusted that specific level of inflation can demonstrate stimulant for financial development for under creating nations, business analysts call that dimension of inflation as Desired dimension of inflation. This paper for the most part examines the status of inflation as for Indian economy. It further talks about the dubious perspectives with respect to the reason and the fix of the issue. The paper condenses the idea of Dosa expansion clarified by the most powerful Indian market analyst, previous financial counsel and legislative head of RBI. The paper delimits the impacts of inflation and the control from the expert perspective. It gives point by point and auxiliary elements of Reserve Bank of India

Keywords: Repo Rate, Reverse Repo Rate, Cash Reserve Ratio, Monetarists, Austrians