Indian Economy Watch

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type 01 Jan 2011 English Publisher:Elsevier BVJournal:SSRN Electronic Journal (eissn: 1556-5068,

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Authors: Rajarshi Ghosh;

doi: 10.2139/ssrn.1836205

Indian Economy Watch

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Abstract

The Indian economy seems to be heading for a stagflation situation. While government expenditure and concomitant high fiscal deficit sustains demand, high inflation prevails due to supply side exigencies. This cryptic article seeks to act as a pointer to the situation and evoke thoughts towards the ideal solution, demand side as well as supply side.The article starts with GDP and macro growth picture and then goes to a brief glimpse of the important sectors of the economy.

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