
26/04/2024
The tale of India's inflation under PM Modi emphasises how sound financial management and sound economic judgement prevailed over transient political impulses.
This is something to have in mind during the current elections, as a number of the contenders have pledged endless cash distributions, which might lead to extreme inflation, possibly even hyperinflation, and state bankruptcy.
India can only be positioned for greater progress and prosperity once it is freed from the constraints of high inflation. India appears to be going in that direction under PM Modi.