ISSN: 2265-6294

Evaluation of Impact of Inflation on Socio-Economic Condition Status of Households of Raipur District

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Prapti Chopra, Satya Kishan Verma

Abstract

Inflation has been a major concern not just for India but also other major economics like the US and UK. It is widely acknowledged that the Indian economy has strengthened since new policy positions were implemented in 1991. As per the estimate of World Bank (2016), about 270 million Indian people are still below the International Poverty Line (IPL) with an income less than $1.9 a day, revised poverty line. As par the calculation of the World Bank (2015), half of the world’s poor lived in five countries, including India. Methods As the study population, there were an overall total of 700 participants in the current study. Data were recorded in excel and through using correct statistical techniques, the obtained data was analyzed.

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