We have come across many articles about the revival of the Indian economy for the past 2 months but the govt. hasn’t listened to such things and they don’t want to do that as always. During the last Monetary Policy Committee meeting, RBI has decided not to reduce the repo rate in order to control Inflation. We know that Inflation with increasing growth rate is good for the economy but without growth isn’t. If the repo rate was reduced we would’ve got inflation with some increased growth rate. But now the growth rate hasn't hiked considerably but the retail inflation hits 4 years high says Consumer Price Index (NSO). The retail inflation hits 7.35% and the food inflation hits 14% in the month of December. The hike in retail inflation was shared by the telecom operators as their top-up package price was increased and mainly due to the food prices which paid the reason for the hike. Onion price was nearing ₹180 and it was the most obvious reason. Will the inflation decrease in the mon
A Populace blog