India’s rising inflation, what is the reason, and what will be the effect
What is the reason for inflation in India: Inflation has increased due to rising food inflation and retail inflation. Inflation has increased around the world. The supply is not as per the demand. The economic slowdown in Corona will increase further. This has reduced the purchasing power of the people. The channel of business has collapsed. There is a lot of danger in the new venture. The world economy is collapsing at a record level, recovery may take years. The situation in India will worsen because of the world. The rupee is falling against the dollar. Economic policies need to be reconsidered from time to time. Speed up surveys. If a common man and daily earners get direct money from house to house, then maybe they can get some relief.
Inflation results from printing more money than the economy needs. Inflation has increased due to rising food inflation and retail inflation. The back of the common man has been broken. By the way, inflation has increased all over the world. The supply is not as per the demand. Demand has also gone down a lot. The economic slowdown in Corona will further increase. The purchasing power of the people has reduced. The supply channel of the business has collapsed, causing people to shy away from production. Layoffs of employees are a double whammy on them. There is a lot of danger in the new venture. The world economy is collapsing at a record level, recovery may take years. The situation in India will worsen because of the world. The rupee is depreciating day by day against the dollar. Economic policies need to be reconsidered from time to time. Speed up surveys. If a common man and daily earners get direct money from the house to house, then maybe the market can get some relief!
Why india inflation is so high
Investors in government securities are getting adversely affected. Those who have a fixed income are incurring more losses. Producing farmers benefit from the increase in prices. Borrowers benefit. An increase in spending leads to a reduction in savings, while a fall in the value of money reduces the willingness of people to save. Inflation causes a decrease in exports and an increase in imports. Public debt increases for government schemes. With the increase in expenditure, many new types of taxes increase.
The business class gets greedy due to rising inflation, corruption, and hoarding increase, moral degradation starts increasing among the people, and bribery increases to meet the needs of themselves and their families. Therefore, at such a time, everyone should reduce their needs to a minimum and practice to lead a spartan life.
What is the effect of inflation in India
The government kept on making changes in monetary policies from time to time. Control the amount of money. At least the ration system should continue to be solid for the common man’s life. The government continued to encourage production. It is absolutely necessary to have patience in such times. The nation’s economy has gradually collapsed due to the muster roll scam in the daily employment schemes for 40 years, otherwise, note ban was implemented in the country, it does not cause inflation so much, the country also raised the corona protocol on time, so much inflation. Didn’t have to suffer Therefore, it becomes incidental to take such a step that the ongoing muster roll scam should be stopped and the conspiracy robbers of the amounts of the previous daily wage laborers should be punished severely, then only those who have the right from the treasury (state treasury) should get the same amount. Government funds are public funds. The leakages in the Indian treasury will have to be stopped so that the money does not go further in a handful of hands. Concrete action should be taken in time, otherwise, the nation will be scorched.
(Stop violation of central public work account code 21 MUSTER ROLL in all various named National rural Dainik employment generational schemes, scam is going on since 1980.)