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India braced well to meet rising commodity prices' impact: Govt
TIWN
TIWN
PHOTO : TIWN
New Delhi, March 16 (TIWN) India has braced up well to meet the impact of rising commodity prices trend, triggered by geopolitical tensions involving Russia and Ukraine.
Lately, international prices of crude oil and other commodities have shot up, thereby, escalating the cost of India's import basket.
However, as per the Finance Ministry's Monthly Economic Review for February 2022, the activity levels in February were not dampening, and it is unlikely that actual GDP prints of 2021-22 will be different from the levels indicated in the second advance estimates.
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