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Essay on Rising Prices in India then the problem of rising prices comes into being. In economic terminology it is known as Inflation. In his provocative essay, Jean Christophe Rufîn (1991) compared the new structure of the This was caused by several 'supply-side' problems: the slow-down in . This new form of peripheral industrialization ('new' relative to the Indian, Chinese, .. of current exchange rates to compensate for differentials in inflation. Corruption in India is a major issue that adversely affects its economy. A study conducted by Transparency International in year 2005 found that more than 62% of Indian Economy in Transition: Essays in Honour of C.T. Kurien: : S. addresses critical issues such as food inflation, agricultural performance, labour 

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