What’s the finance minister doing to control the inflation ?

A clever and good economist who is now doing nothing for the welfare of the people of india. he failed to control inflation and prises. what is your thought?

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Answer:
He’s clever but not clever enough to stabilize the Indian economy. Surprisingly our finance minister haven’t passed a comment or word on reason of inflection or about down fall of a capital market (I wonder he is serious with his job or not). I really feels that current government don’t have any care for a public e.g. our agriculture minister is more look after cricket than agriculture issues (some of issues are really very serious in his state only).

But I must say they all already have fulfill their pockets during this tenure.

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Answer:
Inflation can be controlled by measures like reducing prices by giving subsidies or by pushing money into the market (It can be done by multiple ways including pleading RBI to increase interest rate)

The problem with reducing price option is that Oil price is sucking everything govt can do. Oil prices also make transport costlier and hence everything.

Govt seems to increase the supply of rupee in the market since rupee is losing value against all world curencies. re is now 43 against dollor compared to 38 3 months ago.

Hope these measures brings some help at ground level

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Answer:
economics is as much art as it is science. success is not a given. any finance minister has 2 primary controls - bank interest rate and tax rate. they succeed in their objective about 50% of the time. (like meteorologists)

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Answer:
HE IS PRAYING.

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