Rethinking the trade-off: RBI needs to take a wider view of growth slowdown | The Indian Express

Rethinking the trade-off: RBI needs to take a wider view of growth slowdown | The Indian Express

Rethinking the trade-off: RBI needs to take a wider view of growth slowdown

OCTOBER 8, 2020 8:49:19 AM

Given the prevailing unholy mix of growth and inflation, it is tempting to categorise India’s economic situation as one of “stagflation”. But, in our view, it is too early to conclude decisively on this matter, given the fluid nature of things.