Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Double trouble: On uneven inflation and sluggish growth

Double trouble: On uneven inflation and sluggish growth

Share this article Share this article
published Published on Dec 25, 2019   modified Modified on Dec 25, 2019
-The Hindu

Uneven inflation and sluggish growth present serious dilemmas for policymakers

Policymakers face a tricky dilemma as prices in the economy continue to rise even as economic growth has plummeted to well under 5%. Food inflation, now in double-digits, has caused significant pain. The International Monetary Fund on December 23 called for “urgent” policy measures to reverse the current slowdown that has weighed down global economic growth. The warning is timely given the economy’s precarious state and the government’s lack of urgency to reverse the slowdown. However, what makes the job of policymakers a lot more complicated is the non-uniform nature of the current price rise. Even as food prices have risen rapidly — food inflation has crossed the 10% mark for the first time in many years — sectors such as manufacturing have witnessed mild deflation as demand for products drops. The Reserve Bank of India (RBI) Governor, while terming the recent spike in inflation as a transient phenomenon, has called for countercyclical measures and structural reforms to help the economy. The central bank’s hands have been tied down by the recent spike in inflation, and it has halted its rate cut spree that began in February this year. However, voices continue to grow demanding that the RBI and the government ignore the rise in food inflation and try to infuse more liquidity to boost demand. After all, the rise in food prices may just be an anomaly amid widespread low inflation in the rest of the economy.

Please click here to read more.

The Hindu, 25 December, 2019, https://www.thehindu.com/opinion/editorial/editorial-double-trouble-on-uneven-inflation-and-sluggish-growth/article30391151.ece?homepage=true


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close