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A Case Study of Indian Economics: The Failure of RBI and Modi's Administration to Control Inflation

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 a