𝑭𝒐𝒓𝒕𝒏𝒊𝒈𝒉𝒕𝒍𝒚 𝒗𝒊𝒅𝒆𝒐 𝒎𝒂𝒈𝒂𝒛𝒊𝒏𝒆 𝒐𝒏 𝑬𝒄𝒐𝒏𝒐𝒎𝒚 𝒂𝒏𝒅 𝑭𝒊𝒏𝒂𝒏𝒄𝒆
It has been more than 9 months since inflation broke the 6% ceiling. As per the law, RBI is going to write to the government explaining their failure to contain it, but both parties don’t want the people to know the reasons. Hence, the letter will be kept a secret. Meanwhile, there were only three months since 2019 September when inflation was under the ideal level of 4%. This means it started two quarters before Covid-19. How did we reach here? Did the obsession with economic growth cause it?
𝑳𝒊𝒌𝒆, 𝑪𝒐𝒎𝒎𝒆𝒏𝒕, 𝑺𝒉𝒂𝒓𝒆 𝒂𝒏𝒅 𝑺𝒖𝒃𝒔𝒄𝒓𝒊𝒃𝒆!