Purpose - Among the many factors fueling the inflationary tendencies in an economy such as monetary shocks, structural shocks, demand shocks, external shocks and demographic changes, the issue of inflation (INF) has also been found to be related to fiscal policy decisions of the government. The...

Maintaining a stable price level featured by low inflation rate has remained a prioritized objective of macroeconomic management of all the economies including India. Among many other determinants, this study examines the issue of inflation from the fiscal point of view. A unidirectional...