| dc.contributor.author | KASHYAP, MUSKAN 19GSOB1010389 | |
| dc.contributor.author | DAS, NAVIN 19GSOB1010462 | |
| dc.contributor.author | DUBEY, MUKUL 19GSOB1010318 | |
| dc.contributor.author | Priya, Dr. Meenu Shant- Supervisor | |
| dc.date.accessioned | 2022-11-01T06:57:55Z | |
| dc.date.available | 2022-11-01T06:57:55Z | |
| dc.date.issued | 2022-04-20 | |
| dc.identifier.citation | INFLATION IN INDIA AND SRI LANKA | en_US |
| dc.identifier.uri | http://10.10.11.6/handle/1/10390 | |
| dc.description | Consumer inflation in India has been the highest since 2008, a time when inflation has
plummeted in many regions of the world due to the global economic downturn. In addition to
the fully acceptable rate of increase in consumer aggregated prices, analysis is forced to depend
on other types of separate series. This behaves differently with the constant rise and fall in food
prices, but the volatility of the production of inflation follows that which has a decline in prices.
India's inflation rate rose to 6.95% in March 2022, the highest since October 2020, with market
forecasts above 6.35%.
Sri Lanka lost access to the international currency market by 2021, resulting in declining
international reserves reaching very low levels and large government loans by the Central Bank
of Sri Lanka. Foreign debt payments and the current growing account deficit have led to a sharp
decline in foreign exchange (FX), while the official exchange rate has remained the same since
April 2021. On the other hand, the Sri Lankan economic crisis may not directly affect India at
the moment. itself provides valuable lessons in political economics to the Indian government.
Unlike Sri Lanka, India’s income and individual performance in social sectors such as health
care, education and social security is much worse. | en_US |
| dc.description.abstract | The purpose of this study is to compare the inflation between Sri Lanka and
India. Inflation indicates a decrease in purchasing power per unit of currency -
loss of real value at the time of trading and the unit of account in the
economy. Factors affecting inflation in India - Increased inflation, inflation, rising
wages or an increase in government spending. Factors affecting the inflation rate
in Sri Lanka include- Foreign exchange deficits, Exchange rate, economic
growth. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | GALGOTIAS UNIVERSITY | en_US |
| dc.subject | INFLATION IN INDIA AND SRI LANKA | en_US |
| dc.subject | INFLATION | en_US |
| dc.subject | ECONOMY | en_US |
| dc.subject | CURRENCY | en_US |
| dc.title | A COMPARATIVE STUDY OF INFLATION IN INDIA AND SRI LANKA | en_US |
| dc.type | Article | en_US |
