ranjan

Inflation has been a cause of burden on economy of a country throughout the world. Of the main reasons, few are like - Rise in demand of Goods and services more than capacity, exchange rates variations thereby reducing value of money, increase in money supply than economic growth, increase in taxation, CRR rates etc. The burden of inflation is a slow process on the economy by increasing cost of living (rise in prices of food, goods and services ), increase in cost of doing business ( in industry, agriculture). In fact, it grips around almost all the economic activities in the country.  At present, inflation in goods and services caused is due to increase in fuel prices in India. Frequent discussions are observed in press and media at different platforms with different groups ending up with no direction/ solution to the matter. It is understood that the reasons stated are -   i) Cost to the company, ii)  Tax by Central Govt. and iii) Tax by State Govt. Taken together, all thes