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Controlling inflation has been one of Modi s biggest successes – but is it faltering now? Controlling inflation has been one of Modi s biggest successes – but is it faltering now? High inflation is seen to be one of the principal reasons for the UPA’s loss in 2014. Reuters/Danish Siddiqui There are few issues more politically sensitive in India than inflation or rising prices. With frequent elections across the federal framework and the Union government being seen as responsible for economic policy, ruling parties in India go to great lengths in order to keep prices in check. Stubbornly high inflation rates in the final years of the Congress-led United Progressive Alliance government, following the global economic crash, are often credited as being one of the key reasons why it was voted out in 2014.

Narendra modiLok sabhaRadhika pandeyManmohan singhIla patnaikNational institute of publicUnited progressive allianceBharatiya janata partyNational council of applied economic researchCongress led united progressive alliancePrime minister narendra modiDanish siddiquiReserve bankConsumer food price indexIndia actNational institute