that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …Indian food and fuel inflation has remained high for several years, and second-round effects on core inflation are … model of the Indian economy, which incorporates pass-through from headline inflation to core inflation. The results indicate …

that 3 % inflation in India is ·acceptable, while Chakravarty. S Committee (1985) finds that an increase in price of not … % inflation as threshold inflation for India. Hence the acceptable range of inflation in India lies between 3 to 5 percent. The … days had formed the new governments. It is generally agreed that a moderate inflation is acceptable. Generally, monetary …