Q.3 Do you agree with the view that the Indian economy is in the cycle of low growth and higher inflation? Give reasons in support of your argument.(10 Marks)

Mentor’s comment- https://www.thehindu.com/opinion/lead/a-cycle-of-low-growth-higher-inflation/article35671035.ece In the intro, mention the significance of inflation in deciding monetary policy and affecting the growth of the economy. In the body, mention various factors contributing to the inflation in India as such as expansionary monetary policy and supply bottlenecks, rising fuel prices, decreasing wages etc. Conclude by mentioning the need for … Continue reading Q.3 Do you agree with the view that the Indian economy is in the cycle of low growth and higher inflation? Give reasons in support of your argument.(10 Marks)