[https://m.economictimes.com/opinion/et-commentary/could-inflation-in-developed-countries-have-a-spillover-effect-on-india/articleshow/86947741.cms](https://m.economictimes.com/opinion/et-commentary/could-inflation-in-developed-countries-have-a-spillover-effect-on-india/articleshow/86947741.cms) >"The best way to keep prices competitive and inflation low in any economy is by ensuring efficient production structures resulting in low cost of production, continuous innovation, leveraging of scale economies, better integration within domestic and with international markets, and implementation of sustainable fiscal and monetary policies."