However, the inflation scenario has been stoked by rising international commodity prices, particularly of crude oil, it noted.
The industry chamber suggested a ten-pronged strategy to strengthen economic growth and achieve the target of becoming a $5-trillion economy in the next five years, a news agency reported.
The suggestions include speedy infrastructure investments, inclusion of more sectors under the performance-linked incentive scheme, increase in public investments in agriculture sector, addressing high commodity prices and shortages of raw materials.
ALCHEMPro News Desk (DS)
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