Why is the Modi government failing to control India's inflation? | Ghanti Bajao (6 April 2022)

<p>Retail inflation likely exceeded the Reserve Bank of India's upper end of the target range in March, owing to increasing energy costs, but economists at Barclays stated in a research note that the central bank will generally ignore the growing price pressures as temporary. For the second month in a row, consumer-price indexed (CPI) inflation increased slightly to 6.07 percent from a year ago, putting it at the upper end of the Reserve Bank of India's target range of 2-6 percent.</p>

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