Rising Prices in India Threaten Economic Stability and Development Activities
Inflation in India has been steadily increasing since 1947, affecting economic activities and the purchasing power of money. Unlike the belief that inflation occurs after full employment, in India, it is mainly caused by government expenditure. Stability in prices is crucial for economic stability. The researchers analyzed the trend of inflation and public expenditure in India over time, measuring price fluctuations using wholesale price index or consumer price index.