He noted that the uncertainty of global prospects and the dominance of supply rigidities
in some sectors, the stiffness to provide the path of inflation is a major challenge for monetary policy.RBI noted that the appropriations for non-food sectors were healthy and that the loan disbursals to the agricultural sector was in decline. "In the future, the prospects for growth-inflation dominates the policy response," lead bank, adding that "the overall inflation remains a concern and a political priority. "
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Reserve Bank Of India Raises Two Interest Rates New York City