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EXCL: Arvind Panagariya on eco recovery, inflation fears & more | India Development Debate
EXCL: Arvind Panagariya on eco recovery, inflation fears & more | India Development Debate
The Consumer Price Index for October has risen marginally to 4.48%, pulled higher mainly due to higher prices in the food & fuel baskets. This is the fourth month that CPI has come below RBI's upper margin of 6%. On the other hand, industrial output rose 3.1% in September led by increased output in mining and manufacturing sectors. How big a point of concern is the spike in CPI? With the US reporting 30-year-high inflation numbers, are price rises set to be a global headache? With steady vaccination progress and covid cases under control, is the Indian economy out of the woods? Arvind Panagariya, Professor, Columbia University and Former VC, Niti Aayog weighs on all this and lots more exclusively on the India Development Debate. Tune in!
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