000			01286nam a22001337a 4500
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100			_aChherawala, Tasneem and Trivedi, Smita Roy _953765
245			_aThe inflation–growth conundrum: Are we heading towards stagflation?
260			_aEconomic & Political Weekly
300			_a60(14), Apr 5, 2025: p.14-17
520			_aThe in¬flation–growth debate has taken centre stage presently, with the central bank policy rate actions under scrutiny from the financial press and corporate India. The inflation–growth relationship is anlaysed granularly, probing the data to understand if growth and credit synergies exist and the impact of inflationary headwinds on both. The article finds evidence of a credit–growth dichotomy, inflation surges and employment uncertainties. Inflationary expectations data suggest the trajectory of anticipated inflation to be moving up and question whether we are standing at the brink of stagflation. It is argued that on the policy front, there is a need for close monetary–fiscal policy coordination to prevent a move to a stagflationary scenario.- Reproduced https://www.epw.in/journal/commentary/inflation-growth-conundrum.html
773			_aEconomic & Political Weekly
942			_cAR