Understanding Inflation and Its Control: A Critical Analysis
Sachin Pratap Singh
Convener - Discipline & Anti-Ragging Committees | Finance Intern (Govt. of India & CA Firm) | 4+ Years of Experience in Writing | Researcher | Final-Year Integrated BBA-MBA (Finance) Student at UPES Dehradun 201-25
The Reserve Bank of India (RBI) plays a critical role in managing inflation, aiming for a 4% target within a 2–6% range. To control inflation, the RBI primarily adjusts the repo rate, influencing borrowing costs and spending.
Inflation is a complex and pressing economic issue that impacts every aspect of our daily lives, from the cost of basic necessities like food and fuel to the broader economic environment. Understanding and controlling inflation is crucial for maintaining economic stability and ensuring the well-being of the population.
Read full article Understanding Inflation and Its Control: A Critical Analysis by Sachin Pratap Singh | by SACHIN PRATAP SINGH | Aug, 2024 | Medium