• Bhavna

Economic growth, even on the basis of the prevailing economic situation, is necessary for every world; the country has divided itself into the developed, developing and underdeveloped nation. Inflation and deflation are also a metric for understanding the pattern of growth and the economic development of any particular country. Inflation is an inevitable phenomenon and often occurs in various forms in every region. It is very difficult for the economist to forecast the inflation event, but they may take steps to mitigate the inflation effect. The present have discussed the types of the inflation and common causes to inflation in an economy because it is very important to address the cause of the inflation to control properly for the growth and development of the nation. The long presence of the inflation can reduce the rate of the growth; even it can cause the economy of the nation.

India, Inflation, Open economy, Fiscal deficit, Output growth, Financial Stability, Governance.

"Inflation Effect on the Economical Aspect ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 1, page no.272-275, January 2019, Available :http://www.jetir.org/papers/JETIREO06059.pdf

"Inflation Effect on the Economical Aspect ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 1, page no. pp272-275, January 2019, Available at : http://www.jetir.org/papers/JETIREO06059.pdf