Intractable Inflation of India- Does it affect the Government sector and jobs?
The inflation in India is really stubborn. Even in the year 2011 the inflation remained between the 9-10% of range mostly. In December 2011 the headline number gapped down to about 7.5% year-on-year. The market actually has a collective sigh of relief. Moreover, the predictions of deep interest-rate cuts spread everywhere like wildfire. The government ...