INFLATION AND PSEUDO SWCHOLARS
Recent report sys that ihflation rate of Kerala is lowest mong Indian states. Is it a positive remark or negative as fa as the development of Kerala i concerned. Is it a good index of monetary management of kerala economy. Discoursed placed in a malayalam channel highlight that it is a negative Index .
Why there found lower inflation rate in Kerala: The "scholars" says that it is because of the reduced purchasing power of the people that cused lower rate of inflation in kerala when compared to other states of India. And the poor purchasing power is the consequences of COVID CRISIS.
Covid was not a question of kerala alone. It was a glogal phenominas. Then how can one way that lower inflation rate in kerla is due to . If it was the case it it il reduce everywhere in india.
hENCE IT IS EVIDENT THAT the so called scholars of economics says great lie as part of their political prejudice . It is inflated politics that speaks the economics.
The social welfare measures gives back money to he hands of general public. And this money support purchaasing power. Public distribution system conflicts with the market and private market policy.