Stagflation is said to happen when an economy faces stagnant growth as well as persistently high inflation. Is India facing stagflation? Analyse with suitable justifications for your answer.

Topic:  Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. 7. Stagflation is said to happen when an economy faces stagnant growth as well as persistently high inflation. Is India facing stagflation? Analyse with suitable justifications for your answer. (250 words) Indian Express Why this question: Last week, Finance Minister …