Structural Inflation is the one caused due to governments Monetary Policy and monetary inflation is due to increase in wages and prices. Inflation in India is both structural and monetary.
Inflation in India and all around the world is a result of government & central bank's Keynesian monetarist policies of printing money to get economies out of recession. They don't understand that, by printing money they are only going to create more havoc in people's life by creating inflation or possible hyperinflation. Printing money is not wealth creation. It actually destroys wealth. It results in capital consumption which reduces the possibilities of higher economic growth in future. People need to understand that consumption never drives any economy. Economies grow because of savings, capital accumulation and production. Without production, consumption is impossible.
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