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States » EastPosted at: Jun 8 2022 2:49PM


Encouraged to note that projection for GDP growth for current year has been retained: FICCI

Kolkata, June 8 (UNI) Commenting on the monetary policy announcement made on Wednesday, Subhrakant Panda, Senior Vice President, FICCI said, “The policy is on expected lines, and managing inflation is clearly a priority for both the Government and the Central Bank at this juncture.
"Supply shocks arising out the pandemic and the ongoing geo-political developments have been a cause of concern globally; in case of India, a significant part of inflation is imported and will require concerted effort to bring under control.While the RBI is clearly targeting inflation, we are encouraged to note that the projection for GDP growth for the current year has been retained,” he said.
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