Which limitation directly led to Congress being unable to stop inflation?
Answers
Answered by
2
pressure of less money
Answered by
3
The congress was unable to stop inflation since it did not have the power to regulate the prices.
Explanation:
- The congress was not able to control the prices to stop inflation. Earlier these kinds of controls have led to black marketing, shortage of goods and rationing.
- It is difficult to control prices because of the pressures of corruption that come in along with it.
- There are more goods that are being imported from other countries due to international trading which is directly affected by inflation.
- Due to inflation, the prices of Indian products are raised due to which makes them less competitive.
- It requires increasing efficiency and productivity by keeping the wages within the limits to control inflation.
Similar questions