<h1>India's Inflation Hits Four-Year Low; Economic Survey Highlights Key Growth Strategies.</h1> The government's prudent monetary and trade policies, along with strong output growth, have reduced India's retail inflation to a four-year low of 5.4% in FY24. The Economic Survey 2023-24 emphasizes controlling inflation as crucial for economic growth and recommends revising the Consumer Price Index. Core services inflation fell to a nine-year low, and the Reserve Bank of India expects headline inflation to be 4.5% in FY25 and 4.1% in FY26. The survey suggests increasing domestic production of edible oils and pulses, developing storage facilities, and improving administrative actions to manage price fluctuations effectively.