How India can sail through an inflation tide
Simply as financial coverage lets rising crude costs filter by the system, as an alternative of attempting to stamp them out, financial coverage ought to enable rising costs of metal, copper, coal, iron ore, and so forth, filter by the manufacturing course of and produce applicable responses of elevating output, growing the manufacturing of shut substitutes, growing effectivity. Any temptation to lift coverage charges and choke off the value rise of those uncooked supplies ought to be resisted.
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