It seems that there is no escape for the common people of the country from the inflation issue. The market experts have apprehended that the inflation may go to its new high in near future.

The financial experts have also indicated that the combination of government policies and market sentiments are going to affect the rate of inflation the country. As per them, these issues may push the inflation on top.

There was a discussion over ‘Inflation- The socio economic dimensions' and the experts have commented such remarks there. It was organized by The Madras Chamber of Commerce & Industry.

Former Economic Advisor to the Prime Minister and former Finance Secretary, Mr. S. Narayan, IAS (retd), has said that the policy mindset is major cause of such hike in the rate of inflation.

The policies are not allowing Reserve Bank of India to increase its interest rate. As per Mr. Narayan, it is affecting the economy of the country and such issues will dampen the growth of the nation as well.