knowledge questions magazine in english Reduced Growth To curb inflation and rising exchange rate RBI needs to tighten its monetary policy. This is done by raising the interest rates thus reducing money supply and economic growth in the immediate term. Way Forward As highlighted in the Economic Survey (202122) India needs a longterm perspective to manage inflation from supply side factors.knowledge quest magazine subscription It involves three important steps (see image) to become selfreliant in pulses and oilseeds ensure diversification of crops and improve supply chain management for reduced wastages distress sales etc. Following steps can be taken to ensure the same Increasing capital expenditure to support the economy against emerging threats of monetary tightening reduced purchasing power etc knowledge quest magazine subscription details..
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