rbi: Stagflation risks in India low: RBI paper - The Economic Times
The empirical findings suggest supply-side shocks such as spikes in commodity prices along with tighter financial conditions and relatively higher depreciation of domestic currency are the major determinants of stagflation risk in India, concluded a paper written by Deba Prasad Rath, Silu Muduli and Himani Shekhar in a paper titled ‘Low Stagflation Risk in India.
Source: indiatimes.com