However, the interim budget has weighed in on controlling inflation. "Proactive inflation management has helped keep inflation within the policy band", the budget speech says, adding that "moderate inflation" has been among the key factors in people "getting empowered, equipped and enabled to pursue their aspirations".
What does this tell us about the government's attitude to inflation? The most important takeaway is that it realises that inflation is potentially the most disruptive economic force as far as a government's political fortunes are concerned, and therefore, too important to be left to an apolitical body.
Diese Geschichte stammt aus der February 02, 2024-Ausgabe von Hindustan Times.
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