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Article | IMSEAR | ID: sea-220660

ABSTRACT

In?ation is a burning problem that is hampering the country's economic growth. Economists, Politicians, and even people are getting busy. It is very dangerous because it directly affects people's living standards. The responsibility of governments, politicians, and economists is to protect the common man from in?ation. Statistical data show that India's in?ation rate is high, especially for food. The cause could be the supply/demand side that reduces people's purchasing power and also affects people's savings. This paper uses the statistics given to describe agricultural productivity and sophisticated retail techniques and reforms that help protect people from in?ation. Government policies such as monetary and industrial policies should prepare India for lower in?ation

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