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India is growing too fast.. Heading for STAGFLATION

India is growing ‘too fast’ for its own good, warned Macquarie’s Viktor Shvets. Rising twin deficits, wholesale prices and lack of supply-side reforms may lead India towards ‘stagflation.

when supply side reforms are not undertaken any temporary uptick in demand spills over into Inflation and then Monetary policy is left with no choice but to hike the rates.

 

https://www.bloombergquint.com/markets/2018/08/06/india-is-growing-too-fast-for-its-own-good-macquaries-viktor-shvets-says#gs.037=4fs

 

 

 

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