If inflation in India averages 5% in 25 years, then ₹1 crore today will be equivalent to ₹29.53 lakh in 2050, Financial Express reported. What's available today for ₹1 crore will be available for approximately ₹3.4 crore in 2050. Inflation is the rate at which the prices of goods and services increase over time, and purchasing power of money decreases.
short by
Dharini Mudgal /
08:39 pm on
14 Aug