"This Is Stagflation": Economist Dr Amit Mitra To NDTV On Inflation
Dr Amit Mitra, the principal chief advisor to Bengal Chief Minister Mamata Banerjee and one of the finest economic minds in the country, said, "Because of the higher interest, many investment projects will now become unviable." He added, "This is stagflation: inflation and unemployment, unheard of in the modern economy, but there are no ready solutions."
