but, in reality the inflation is on verge to move into hyper inflation. The world is in verge of commodity hyper inflation, currency devaluation, hard assets deflation, growth slowdown, thereby stagflation( rich be richer and poor be poorer - gap is stagflation).
All this caused because of American financial policy - they are no good to others or to themself.
Our Indian Government has got struck between rock and hard place where it finds to maintain reasonable inflation and potential growth.
For this they have to come out stricter norms on inflation.