The Reserve Bank of India (RBI) will try to strike a balance between the need for growth and the necessity to contain inflation at its monetary policy review next week, Finance Minister Pranab Mukherjee said here Sunday.

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Inflation is rising at its high as of date if measures not taken to curtail country may go into to recession phase soon.

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Yes measures are necessary indeed..thanks for sharing this news Abid.
The twin job of managing inflation and ensuring growth are challenging and a high rate of inflation badly hurts the cause of growth!
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