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Feb 4, 2011

Rising Inflation is a concern for Indian Economy

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The soaring prices of goods and services or the inflation in economics language, is concern for Indian economy growth path. On Friday, the Prime Minister of India, Dr. Manmohan Singh has expressed his concern over the inflation.

There was sharp rise in goods and services couple weeks back in India disturbing the budget of common man and household. The price went up in the market due to the bottleneck in the supply of goods.

The inflation which was seen in double digit last year and the global recession pushed the economy further in the slower path. The measures need to be taken by the government of India and Reserve Bank of India to tame the inflation, which could hit the growth path of Indian economy.


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