Abstract
Inflation is as common in Indian economy as cold and flu in winter season .It is therefore one of the biggest challenge for an economy like India which is on the path of growth and development , inflation is like a caterpillar that eats away the growing cream of an economy .In this research paper we are going to analysis the inflation and its factors , the challenges that it brings and will also summarize the inflation since independence , particularly the food inflation and examine the demand and supply side factors behind surging food prices . It will further explain the methods of measuring the inflation, the different types of inflation and what factors are responsible for the current high rate of inflation in India.
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