Stagflation refers to a recession-inflation situation in which the inflation rate is high
Hindustan Unilever managing director Sanjiv Mehta said the country must ensure it does not get entrapped by stagflation and urged the government to accelerate front-loading the ₹7.5 lakh crore which the government had earmarked in the budget for the capital expenditure. “The ₹7.5 lakh-crore which the government had earmarked in the budget for the capital expenditure, they should … Read more