Why RBI and Modi govt are failing to control inflation? : Indian Economics Case study
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VIDEO INTRODUCTION:
Ever because the Russia Ukraine battle has began, inflation in India has gone over the roof and has even touched 6%.
So in case you are a scholar of enterprise, economics and even political science, that is by far probably the most essential metrics that you have to research and preserve a monitor of.
Let’s do a deep dive and attempt to perceive,How is inflation calculated? How does RBI do to regulate inflation? In 2022, why is RBI failing to curb inflation in India? How does this have an effect on atypical folks such as you and me?And most significantly, what are the research supplies that can assist you perceive Inflation and Indian economics higher?
To grasp the macro view of the Indian financial system and inflation, we first have to grasp the fundamentals of how inflation is calculated and what precisely does the Reserve financial institution of india do to curb inflation?
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Inflation graph by @sochbymm
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✅Research Supplies: https://www.livemint.com/economy/how-rbi-went-wrong-on-inflation-11668444793449.html
https://mospi.gov.in/documents/213904/0/CPI-Changes_in_the_Revised_Series.pdf
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