RBI Bulletin: India's 'output gap' now positive, stagflation risk at only 3%
The output gap is the difference between an economys actual output and what it can potentially produce. When the gap is positive, it can lead to demand-pull inflationary pressures
Jayanth Varma Michael Patra V Anantha Nageswaran Reserve Bank Deputy Governor Michael Patra Chief Economic Adviserv Anantha Nageswaran
Source: moneycontrol.com