Friday, September 5, 2008

Inflation In India

Everyone in India is now having a close look on INFLATION. We know that inflation occurs due to two reasons, one demand pull and the other is cost push. Both the reasons have to be handled differently and currently the reasons for inflation in India are due to both demand pull and cost push. So it is very difficult to check the inflation. The government can take some steps but by doing that they would become unpopular and as election is around the corner, so they will take steps cautiously. But by doing that, it should not happen that it gets too late.