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    <title>FY 2021-22: Rising Industrial growth, Restrained Inflation and Strong Services Revival</title>
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    <description>Sustained industrial expansion in FY 2021 22 is reflected in a rising Index of Industrial Production driven by stable manufacturing activity and a rebound in capital goods, while easing headline and food inflation and strengthening high-frequency indicators - GST and export receipts, power consumption, e way bills, tractor sales, credit growth and services PMI - evidence a broad-based revival in consumption, services, investment and external demand.</description>
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