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New Delhi, March 20

Taming inflation is high on the Government’s agenda, the Finance Ministry’s annual report for 2007-08 has said. “High inflation hurts the poor. Putting pressure on interest rate adversely affects both savings and investment. Thus, containment of inflation is high on the Government’s agenda,” the report released here on Wednesday said. The report highlighted that the anti-inflationary policies of the Government include strict fiscal and monetar y discipline, rationalisation of excise and import duty of essential commodities to lighten the burden on the poor; effective supply-demand management of sensitive items through liberal tariff and trade policies and strengthening of the public distribution system.

– Our Bureau

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