Please see the article at the website:

http://www.igidr.ac.in/conf/money/mfc-13/Inflation%20and%20Economic%20Growth%20in%20India_Prasanna%20and%20Gopakumar_IGDIR.pdf

Thank you madam..

Why not analyse a more general issue, which is theoretical relationship between inflation and growth?

Usually we think that this relationship is negative, i.e. inflation is harmful for growth (e.g. Barro, 1995; Christopulos, Tsionas, 2005). However, another stand of theoretical studies suggest that this relationship could beChang

i D. Black (2002 nonlinear - for low inflation the relationship is positive and above 'optimal inflation' it becomes negative (e.g. inverted U-shaped).

This 'optimal inflation' issue was first proposed by Friedman in 1969, and confirmed empircally by Sarel (1995), Chang and Black (2002), and partially by Gillman, Harris, Mátyás (2004).

Thank you all.

http://www.igidr.ac.in/conf/money/mfc-13/Inflation%20and%20Economic%20Growth%20in%20India_Prasanna%20and%20Gopakumar_IGDIR.pdf

https://financetapmi.wordpress.com/2016/10/22/economic-growth-vs-inflation-for-india/

http://cmdr.ac.in/editor_v51/assets/mono-24.pdf

http://www.ijhssi.org/papers/v3(9)/Version-1/J0391063067.pdf

https://www.imf.org/external/pubs/ft/wp/2014/wp14222.pdf