The Indian economy has witnessed a gradual transition from a period of high and variable inflation to a more stable and low level of inflation along with steady GDP growth in the past five years, according to the Economic Survey 2018-2019. Low inflation contributes towards economic stability which encourages saving, investment, economic growth, and helps … Continue reading Do you agree with the view that steady GDP growth and low inflation have left the Indian economy in good shape? Give reasons in support of your arguments. (10 Marks)