The rising inflation in India and its possible solution?

Answer 1

Often times, the most inflationary thing that a country does is continue to print money. It has happened so many times in so many places that it isn't even funny. Germany was one of the worst culprits, as it had a period in which paper money became so common that workers had to be paid four times a day so that they could spend their earnings before inflation eroded them. So, one of the first things India should do is stop printing money. The ultimate way to fight inflation is to keep the money supply in check and to focus on growing the economy. Ultimately, individuals are more worried about how much their money can buy rather than how much of the money they have. I would rather have $1 a week with bread prices of .01 than have $1,000,000 with bread prices of $500,000. While it appears I am richer with $1,000,000, I am actually poorer, because I can't buy as much. Thus, increasing production of useful goods and services is what India should focus on.

Answer 2

Inflation is led to by ability of too plenty money chasing to few products, inflicting the fee of wished products to pass up. this could proceed till products are overproduced, at which era their expenses will pass down, and their manufacturers would be compelled to retool, or shrink means. one thank you to ward off inflation in India is to extend production and or/import of the main prevalent client products in India. this could undoubted reason greater inflation interior the area of India's already burgeoning infrastructure. the way the U.S. treasury tames inflation is to extend the top lending fee, which slows investment as capital loans grow to be greater costly.

Answer 3

Adjust Money supply

Adjust imports/Exports