Open IDFC FIRST Bank savings account Know more about Zero Fee Banking ➡️Communication Masterclass: VIDEO INTRODUCTION: Ever since the Russia Ukraine war has started, inflation in India has gone over the roof and has even touched 6%. So if you are a student of business, economics or even political science, this is by far one of the most important metrics that you need to study and keep a track of. Let’s do a deep dive and try to understand,How is inflation calculated? How does RBI do to control inflation? In 2022, why is RBI failing to curb inflation in India? How does this affect ordinary people like you and me?And most importantly, what are the study materials to help you understand Inflation and Indian economics better? To understand the macro view of the Indian economy and inflation, we first have to understand the basics of how inflation is calculated and what exactly does the Reserve bank of india do to curb inflation? Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: Inflation graph by @sochbymm ⬇️Our Top 2022 Playlist Geopolitics: India is Trapping China - Oil Giants Crushing Europe - Israel’s Secret Strategies - China vs India Military Strategy in Ladakh - Upcoming US Recession Affects Indian Economy - Best of Business: 1. Asian paints - 2. Amul - 3. Haldiram - 4. Malboro - 5. Lijjat Papad - ►Books Everyone should read: 1. Sapiens: 2.Jab Jab Jab Right Hook: 3.Presuasion: 4.Start with why: 5. Culture code: 6. Hooked: 7. I will teach you to be rich: 8. From Third world to First: 9. This is Marketing: 🎧 Want to buy the equipment we use? 1. Our Laptop: 2. Our Mic: 3. Camera Stand: 4. Mobile holder for stand: 5. Laptop: ► Invest in the Stock Market : ✅Study Materials: ✅To support our work you can donate here: #indianpolitics #inflation #RBI #thinkschool #businesscasestudy...(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Inflation, in simple terms, refers to the general rise in prices of goods and services in an economy over a period of time. In India, inflation has been a major concern for both the Reserve Bank of India (RBI) and the Modi government. Despite several measures taken by them, the inflation rate appears to be uncontrollable. Let us examine the reasons why RBI and Modi government are failing to control inflation. Firstly, one of the major reasons for inflation in India is the rising fuel prices. This is due to the high cost of crude oil in the international market and the heavy taxes levied by the government. RBI cannot control fuel prices as it is dependent on the international market, and the Modi government is reluctant to reduce taxes as it will lead to a loss of revenue. Secondly, the devaluation of the Indian Rupee has contributed to inflation. The depreciation of the currency makes imports of essential goods expensive, and this, in turn, leads to an increase in the overall price level. Despite various measures taken by the RBI, such as buying dollars to strengthen the rupee, the Indian currency continues to remain weak. Thirdly, the supply chain disruptions due to COVID-19 have impacted India's food prices. India is an agrarian economy, and the lockdowns imposed to control the spread of the virus have affected the agricultural supply chains, leading to a scarcity of food items. Moreover, the hoarding and black marketing of essential items by some elements in the market have also contributed to the problem. Fourthly, the demand-supply gap created by the policies of the Modi government has affected the prices of essential goods. For instance, the government's policy of stockpiling food grains has led to a shortage of supply, creating an imbalance in the market, and thus leading to inflation. Lastly, the high cost of borrowing has also contributed to inflation. The RBI has kept the lending rates high to tame inflation, but it has not been able to stimulate growth. This has forced businesses to pass on the higher costs to consumers, leading to an increase in prices. In conclusion, controlling inflation in India is a challenging task, and both the RBI and the Modi government are struggling to achieve it. While some factors such as fuel prices and currency depreciation are beyond their control, others can be addressed by policy interventions. A more coordinated effort between the RBI and the government is the need of the hour, and they need to work together to create a stable and sustainable macroeconomic environment that promotes growth while keeping inflation under check. https://inflationprotection.org/a-case-study-of-indian-economics-the-failure-of-rbi-and-modis-administration-to-control-inflation/?feed_id=83763&_unique_id=642955c3e39e3 #Inflation #Retirement #GoldIRA #Wealth #Investing #economiccasestudy #ganeshprasad #inflation #Modiinflation #RBI #rbiinflation #thethinkschool #think #thinkschool #thinkschoolbusiness #thinkschoolcasestudy #thinkschool #InvestDuringInflation #economiccasestudy #ganeshprasad #inflation #Modiinflation #RBI #rbiinflation #thethinkschool #think #thinkschool #thinkschoolbusiness #thinkschoolcasestudy #thinkschool
Comments
Post a Comment