Stagflationary risk to India quite low compared to other countries: CEA

Chief Economic Adviser V Anantha Nageswaran on Tuesday ruled out the risk of stagflation for India, saying the economy is better placed than other nations.

Stagflation is the phase when an economy faces moderation in GDP growth as well as high inflation.

“Compared to the experience of many developed and developing countries, India is somewhat better placed and more…