|| SHANIWAR SAMWAD || 06-08-2022

A lot of written on stagflation, inflation, and deflation. Everyone has his own view which is fair.

The world is going on crisis after crisis regularly since 2020, with a new crisis waiting for its turn.

Geopolitics has implications, a very high impact and new alignment in it is under work in progress. Probably soon we will new world order with a multi-polar world from a unipolar one right now.

Everybody is trying to make the world as per their own requirement which is dangerous as the present system is tilted towards the US and Europe.

Many issues are there in the present world order and a new system is needed which will address these and make the world a peaceful place.

The inflation is there to stay a long time and is not come down in a short span of time.

Our own mechanism of inflation handling is in the sink with our own reality and decision-making is under MPC.

The present regime which we have made after a long consultation between the government and the RBI. If we check the historical data then we will find that our inflation is around 5%  per annum since  1947.

The inflation target for the RBI is 2-6%, presently inflation is around 7%, and our inflation is manageable.

The commentary on our growth forecast is changing from around 8% to 7% at present.

Still, it is the best growth in comparison to others.

The reason for inflation is in the public domain and it will come down as the factors responsible for it is getting its attention and addressed accordingly.

Till date, the government and the RBI are in sync to handle the situation. The fine balance between growth and inflation is maintained till now, hope for the same in the future.

The growth is very much needed to feed the 130 B people with cost of living manageable for ordinary citizens.

The different curbs in the export of commodities will result in availability with reduced cost.

All the above we said is said and written several times by many.

The gorund reality is that people are not in the mood to think about inflation or growth, but instead trying to make good for themselves and near and dear which they lost since 2020 to till date.

The opportunity to grab and move ahead is the only mantra they are following. We are used to facing inflation and also know that inflation is good for ourself as it gives opportunity to make wealth. The world is facing zero to negative growth but due to our policy stand, we are making the newer opportunity and long-term growth for us.

The action of the RBI and the government may be hawkish or not it is you to decide but the opportunity created with transparency is there to grab and it is for everyone.

The long-term growth story is intact and will remain in long term. It is you to decide and participate in growth and create wealth for yourself and generations or talk and loose precious time.






Location: India

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