Short-term inflation outlook benign, normal monsoon expected: Eco Survey

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Short-term inflation outlook benign, normal monsoon expected: Eco Survey - Business Standard

Quick Summary:

However, to ensure long-term policy stability, the Survey 2023-24 suggested making focused efforts to increase the production of major oilseeds, expanding the area under pulses, and assess the progress in developing modern storage facilities for specific crops.

The short-term inflation outlook for India is benign, and the expectation of a normal monsoon and moderating global prices of key imported

items give credence to the projections made by the RBI and IMF, the Economic Survey said on Monday.