What steps can be taken by the Centre to control inflation in the country
Explain the reasons behind the Centre's decision to stop the supply of rice and wheat to the States and suggest some measures that can help control inflation in the country.
- Tightening monetary policy such as increasing the repo rate
- Reducing government expenditure
- Encouraging foreign investment to stabilize the rupee rate
- Increasing the supply of essential commodities such as food and fuel
- Encouraging efficient distribution and reducing wastage
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a year ago