Explanation:

 India is experiencing high inflationary pressure from the past decade.
•The inflationary pressure being experienced by India is both cyclical and structural in nature owing to complexities in demand and supply side constraints. For instance, structural problems accrues from poor forward and backward linkages like lack of proper storage facilities for food grains etc. Cyclical nature of business activities like boom, recession, recovery also creates inflationary pressure by reducing output and demands, particularly for a country like India which is dependent upon monsoon the consumption cycle is heavily dependent upon its strength to boost consumption.
• The increasing global commodity prices have increased the inflationary pressure in the last decade.
• Improper fiscal policies due to fulfillment of populist agenda like sharply higher price to farmers for their produce further exacerbated it.