Author name: Varsha Verma

Measures to check inflation would include steps to control the growth of demand and increase agricultural and industrial supply so that balance between demand and supply is maintained. Government has made efforts to overcome inflationary situation and bring about price stability. The various measures are: 8.6.1 Monetary Measures or Restricted Availability of Credit The Reserve […]

Inflation changes how the economy works and affects different groups of people in different ways. It doesn’t impact everyone in the same way—some people benefit, while others face losses. Inflation has both good and bad effects. Here’s how inflation affects different parts of society: 8.5.1 Effects on Production Good Effects of Inflation on Production: Bad