Revenue-oriented policies need to be overhauled to fight inflation
However, the government can revise its excessively revenue-oriented policies to fight inflation and stimulate domestic demand.
inflation | Indian Economy | BS Notice
The strengthening of the U.S. dollar by around 12% over the past six months to record highs in recent decades has led to a depreciation of the currencies of most other countries, with the exception of major commodity exporters. , against the US dollar. This, in turn, fuels inflation in most countries dependent on imports, especially of fuel, food and fertilizer.
TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH.
Key stories on business-standard.com are only available to premium subscribers.
Already a premium subscriber? LOGIN NOW
SUBSCRIBE TO PERSPECTIVES
What do you get on Business Standard Premium?
First published: Sunday, July 24, 2022. 11:00 p.m. IST