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The main objective of this book is to present a comprehensive, up-to-date, and clear exposition of the theory and principles of inflation that are essential for understanding, evaluating, and suggesting to control inflation and enhance growth in India. More specifically, this study tries to explore the impact of fiscal policies (Central Government as well as State Governments) on inflation in India since the Third Five Year Plan and suggesting policy prescriptions to tackle it. Inflation in India is difficult to achieve in the long-run because of the rapid increase in governments...