Risk of stagflation in India lowers further, say RBI officials thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The empirical findings suggest supply-side shocks such as spikes in commodity prices along with tighter financial conditions and relatively higher depreciation of domestic currency are the major determinants of stagflation risk in India, concluded a paper written by Deba Prasad Rath, Silu Muduli and Himani Shekhar in a paper titled ‘Low Stagflation Risk in India.