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Must Focus On Growth Even Amid Pressure For Trade-Offs: Chief Economic Advisor


Chief Economic Advisor said the cycle of private sector investment will begin though there is a lag
Chief Economic Advisor Krishnamurthy Subramanian on Saturday has said that the country requires growth at this juncture, even with economic tradeoffs, as it aspires to increase its dominance and self-reliance in the global economy. Subramanian s comment comes ahead of the revision of policy framework and inflation targets by the Monetary Policy Committee headed by the RBI governor by March 31. It will be the first review for RBI since it was tasked with a mandated inflation target of four per cent with a two per cent deviation either way in June 2016, when it adopted a flexible inflation targeting model. ....

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