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food inflation: As India develops, problem of high food inflation will get less severe: RBI MPC member Ashima Goyal

Stressing that the share of food in the household budget is high in India, RBI Monetary Policy Committee (MPC) member Ashima Goyal said policy needs to focus on increasing agricultural productivity, since stable agricultural prices are important for non-inflationary growth.
New Delhi Ashima Goyal Shaktikanta Das International Monetary Fund Asian Development Bank Monetary Policy Committee

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