US, Oct. 26 -- Inflation is usually measured in economic indicators such as the consumer price index, but it is more tangible in the daily reality of every person. When the prices of different goods such as vegetables, cereals, cooking oil, fuel, transportation and many others rise, the family has to spend more hard-earned money in order to maintain the same level of comfort and quality of life.

For those who are unable to increase their income accordingly, it can be devastating as their purchasing power decreases. Such situations are especially evident in India, where people still buy most of their necessities with the money they have to earn.

Therefore, inflation is not only a matter of economic policy but also a popular issue that c...