A STUDY ON INFLATION AND ITS IMPACT ON CONSUMPTION OF SELECTED ESSENTIAL COMMODITIES IN HYDERABAD - INDIA

Mohamed Zaheeruddin; Dr. Mohammed Osman Ahmed

Volume : VII, Issue : VI, June - 2018

A STUDY ON INFLATION AND ITS IMPACT ON CONSUMPTION OF SELECTED ESSENTIAL COMMODITIES IN HYDERABAD - INDIA

Mohamed Zaheeruddin, Dr. Mohammed Osman Ahmed

Abstract :

Inflation is one of the key in economic growth of a nation. It is a worldwide phenomenon which makes every country ponder, either to control in some situations or to rid off in other. Though some inflationary pressures are inescapable, in developing countries like India. It is, in any case, critical that it doesn‘t intrude on relentless and rising energy of economic growth. Inflation, particularly in developing countries if not controlled may lead to see worst situations where most affected are common man and their consumption. In most recent years India has passed in to the extensive downturn situation, where even the most important essential commodities has seen a sky touch price and affected the most vulnerable groups changing their consumption patterns of commodities though they are ought to be most essential. Present paper aims to study inflation and its impact on consumption of selected essential commodities in India referring to Hyderabad city in Telangana state.