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Longer policy support needed for sustained economic recovery: RBI

Longer policy support is needed for a sustained economic recovery, the RBI said in its monthly bulletin. Need of the hour is not to focus “so single-mindedly” on normalisation but on supply-side reforms to ease the bottlenecks, labour shortages and high commodity prices, it added. The resurgence of edible oil prices is a cause of concern, RBI said.

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