Joint Director, Pune, Higher Education, Government of Maharashtra
Online published on 22 January, 2015.
Inflation in developing and developed countries is a serious problem that is caused not only by one factor but several factors, and this factor lies on the private sector as well as the government and the policies that are adopted in a given economy to slow down inflationary rate. Inflationary rate jumps when there is instability in the government, and also natural factors like drought, flood and human intervention like climate change which is affecting the Eco-system.
