https://www.taxtmi.com/news?id=1831 Inflation control and the macroeconomic policy mix were central: recent inflation resurgence reflected international commodity pass through amid strong demand, raising risks to expectations. The RBI argued that lowering inflation is essential to sustain medium term growth because persistent high inflation harms investment; monetary tightening was thus warranted despite potential short run growth costs. Policy implications emphasise fiscal consolidation to support monetary control, coordination of demand management with supply side reforms, and structural measures in agriculture, infrastructure and human capital to contain inflation while preserving sustainable growth. en-us Sat, 07 May 2011 09:58:50 +0530 Sat, 07 May 2011 09:58:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1831 Inflation control and the macroeconomic policy mix were central: recent inflation resurgence reflected international commodity pass through amid strong demand, raising risks to expectations. The RBI argued that lowering inflation is essential to sustain medium term growth because persistent high inflation harms investment; monetary tightening was thus warranted despite potential short run growth costs. Policy implications emphasise fiscal consolidation to support monetary control, coordination of demand management with supply side reforms, and structural measures in agriculture, infrastructure and human capital to contain inflation while preserving sustainable growth. News - Sat, 07 May 2011 09:58:50 +0530 https://www.taxtmi.com/news?id=1831