RBI has released the M3 money supply till 17-Oct-2014. In one year prior to this date, India's M3 money supply has grown by 12% i.e. inflation in India is 12. Inflation was 13.6% for Oct-2012 to Oct-2013.
Infaltion was 13.6% under Congress; inflation is 12% under BJP. So BJP/Modi have reduced inflation from 13.6% to 12% in few months. This is a significant achiement that deserves praise.
Infaltion was 13.6% under Congress; inflation is 12% under BJP. So BJP/Modi have reduced inflation from 13.6% to 12% in few months. This is a significant achiement that deserves praise.
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