Parodox of Indian Economy
Parodox of Indian Economy : Despite all measures taken by Govt for reducing money supply to the system by way of increasing unemployment in Govt sector, notebandi, giving precedence to loaning to have newer start-ups leading to supply of goods & services, reducing purchasing power by not providing higher government jobs through minimum government, maximum governance thus reducing demands of goods and services, the paradox remains there, that inflation remains at high pace and doesn't follow the classical theory of its dependence on demand and supply axioms. Supply increase, Demand decrease should lead to lowering of inflation, which doesn't happen in India for reasons peculiar for India. Production increases but its increase doesn't effect the price level to decrease. Purchasing power decreased, but it doesn't lower price level of commodities. Production increases but its increase doesn't effect the price level to decrease. It looks...