Why is the Modi government failing to control India's inflation? | Ghanti Bajao (6 April 2022)

Retail inflation likely exceeded the Reserve Bank of India's upper end of the target range in March, owing to increasing energy costs, but economists at Barclays stated in a research note that the central bank will generally ignore the growing price pressures as temporary. For the second month in a row, consumer-price indexed (CPI) inflation increased slightly to 6.07 percent from a year ago, putting it at the upper end of the Reserve Bank of India's target range of 2-6 percent.