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2024-07-13T13:40:28.432Z

This Thing Will Actually Blow Your Mind. Click on This. "Inflation is taxation without legislation." - Milton Friedman Inflation: A Major Concern in India Inflation remains a pressing issue in India, with the state of Odisha facing the highest rate at 7.22%. CPI inflation came in marginally higher than expected, according to Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank. She notes that while food inflation risks dominate in the short term, better sowing patterns and rainfall distribution should ease price pressures. RBI Governor Shaktikanta Das has emphasized that inflation is gradually approaching the target of 4%, but the process is meant to be slow and durable. With inflation forecasted to be around 4.5% to 5.4% for fiscal 2024-2025, the Central Bank is cautious about easing monetary policy too soon. What do you think about this? Inflation is a serious issue, and Odisha is feeling it the most right now. Are we ready for this?

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