Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Speaking to the media after the launch of the ADB&#039;s flagship annual statistical publication &amp;lsquo;Key Indicators for Asia and the Pacific 2010&#039; here, the Bank&#039;s Chief Economist Jong-Wha Lee said: &amp;ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &amp;lsquo;Economic Outlook&#039; slated for September 28&amp;rdquo;.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&lt;em&gt;Focus on infrastructure&lt;/em&gt;&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &amp;ldquo;tight monetary policy is the right step&amp;rdquo;, excessive hike in rates &amp;ldquo;would also attract more capital inflows&amp;rdquo; and related problems.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &amp;ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it&#039;s only a matter of timing and speed,&amp;rdquo; he said.&lt;/font&gt;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Speaking to the media after the launch of the ADB&#039;s flagship annual statistical publication &amp;lsquo;Key Indicators for Asia and the Pacific 2010&#039; here, the Bank&#039;s Chief Economist Jong-Wha Lee said: &amp;ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &amp;lsquo;Economic Outlook&#039; slated for September 28&amp;rdquo;.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;&lt;em&gt;Focus on infrastructure&lt;/em&gt;&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.&lt;/font&gt;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...&#039;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday..."/>
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                <strong>Inflation forecast for India to be scaled up</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font ><em>Tight money policy means more capital inflows: ADB</em></font></p><p align="justify"><font ><em>Lower middle class worst affected by inflation</em></font></p><p align="justify"><font ><em>Infrastructure development, farm productivity can help</em></font></p><p align="justify"><font >With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font></p><p align="justify"><font >Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font></p><p align="justify"><font >Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font></p><p align="justify"><font ><em>Focus on infrastructure</em></font></p><p align="justify"><font >Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font></p><p align="justify"><font >On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font></p><p align="justify"><font >Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font></p><p align="justify"><font ></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Speaking to the media after the launch of the ADB&#039;s flagship annual statistical publication &amp;lsquo;Key Indicators for Asia and the Pacific 2010&#039; here, the Bank&#039;s Chief Economist Jong-Wha Lee said: &amp;ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &amp;lsquo;Economic Outlook&#039; slated for September 28&amp;rdquo;.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.&lt;/font&gt;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.&lt;/font&gt;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...&#039;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday..."/>
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                <strong>Inflation forecast for India to be scaled up</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font ><em>Tight money policy means more capital inflows: ADB</em></font></p><p align="justify"><font ><em>Lower middle class worst affected by inflation</em></font></p><p align="justify"><font ><em>Infrastructure development, farm productivity can help</em></font></p><p align="justify"><font >With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font></p><p align="justify"><font >Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font></p><p align="justify"><font >Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font></p><p align="justify"><font ><em>Focus on infrastructure</em></font></p><p align="justify"><font >Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font></p><p align="justify"><font >On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font></p><p align="justify"><font >Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font></p><p align="justify"><font ></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Speaking to the media after the launch of the ADB&#039;s flagship annual statistical publication &amp;lsquo;Key Indicators for Asia and the Pacific 2010&#039; here, the Bank&#039;s Chief Economist Jong-Wha Lee said: &amp;ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &amp;lsquo;Economic Outlook&#039; slated for September 28&amp;rdquo;.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &amp;ldquo;tight monetary policy is the right step&amp;rdquo;, excessive hike in rates &amp;ldquo;would also attract more capital inflows&amp;rdquo; and related problems.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &amp;ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it&#039;s only a matter of timing and speed,&amp;rdquo; he said.&lt;/font&gt;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.&lt;/font&gt;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...&#039;
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday..."/>
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                <strong>Inflation forecast for India to be scaled up</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font ><em>Tight money policy means more capital inflows: ADB</em></font></p><p align="justify"><font ><em>Lower middle class worst affected by inflation</em></font></p><p align="justify"><font ><em>Infrastructure development, farm productivity can help</em></font></p><p align="justify"><font >With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font></p><p align="justify"><font >Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font></p><p align="justify"><font >Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font></p><p align="justify"><font ><em>Focus on infrastructure</em></font></p><p align="justify"><font >Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font></p><p align="justify"><font >On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font></p><p align="justify"><font >Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font></p><p align="justify"><font ></font></p>               </font>
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<font face="arial,helvetica,sans-serif" size="3"><em>Tight money policy means more capital inflows: ADB</em></font>
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<font face="arial,helvetica,sans-serif" size="3"><em>Lower middle class worst affected by inflation</em></font>
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<font face="arial,helvetica,sans-serif" size="3"><em>Infrastructure development, farm productivity can help</em></font>
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<font face="arial,helvetica,sans-serif" size="3">With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font>
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<font face="arial,helvetica,sans-serif" size="3">Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font>
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<font face="arial,helvetica,sans-serif" size="3">Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font>
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<font face="arial,helvetica,sans-serif" size="3">Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font>
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<font face="arial,helvetica,sans-serif" size="3">On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font>
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<font face="arial,helvetica,sans-serif" size="3">Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font>
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...',
	'disp' => '<p align="justify"><font ></font></p><p align="justify"><br /><font ><em>Tight money policy means more capital inflows: ADB</em></font></p><p align="justify"><font ><em>Lower middle class worst affected by inflation</em></font></p><p align="justify"><font ><em>Infrastructure development, farm productivity can help</em></font></p><p align="justify"><font >With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font></p><p align="justify"><font >Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font></p><p align="justify"><font >Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font></p><p align="justify"><font ><em>Focus on infrastructure</em></font></p><p align="justify"><font >Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font></p><p align="justify"><font >On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font></p><p align="justify"><font >Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font></p><p align="justify"><font ></font></p>',
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<br />
<font face="arial,helvetica,sans-serif" size="3"><em>Tight money policy means more capital inflows: ADB</em></font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3"><em>Lower middle class worst affected by inflation</em></font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3"><em>Infrastructure development, farm productivity can help</em></font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font>
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<font face="arial,helvetica,sans-serif" size="3">Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3"><em>Focus on infrastructure</em></font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3"></font>
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Tight money policy means more capital inflows: ADB


Lower middle class worst affected by inflation


Infrastructure development, farm productivity can help


With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday...'
$disp = '<p align="justify"><font ></font></p><p align="justify"><br /><font ><em>Tight money policy means more capital inflows: ADB</em></font></p><p align="justify"><font ><em>Lower middle class worst affected by inflation</em></font></p><p align="justify"><font ><em>Infrastructure development, farm productivity can help</em></font></p><p align="justify"><font >With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September.</font></p><p align="justify"><font >Speaking to the media after the launch of the ADB's flagship annual statistical publication &lsquo;Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: &ldquo;After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next &lsquo;Economic Outlook' slated for September 28&rdquo;.</font></p><p align="justify"><font >Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high.</font></p><p align="justify"><font ><em>Focus on infrastructure</em></font></p><p align="justify"><font >Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development.</font></p><p align="justify"><font >On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while &ldquo;tight monetary policy is the right step&rdquo;, excessive hike in rates &ldquo;would also attract more capital inflows&rdquo; and related problems.</font></p><p align="justify"><font >Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, &ldquo;withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,&rdquo; he said.</font></p><p align="justify"><font ></font></p>'
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Inflation forecast for India to be scaled up

Tight money policy means more capital inflows: ADB Lower middle class worst affected by inflation Infrastructure development, farm productivity can help With the Wholesale Price Index (WPI)-based overall inflation still hovering at around 10 per cent, the Asian Development Bank (ADB) on Thursday said that it was likely to scale up its inflation forecast for India by the end of September. Speaking to the media after the launch of the ADB's flagship annual statistical publication ‘Key Indicators for Asia and the Pacific 2010' here, the Bank's Chief Economist Jong-Wha Lee said: “After seeing the high inflation in the first half of the fiscal, we plan to revise upwards the inflation forecast above five per cent in our next ‘Economic Outlook' slated for September 28”. Inflation in India, Dr. Lee pointed out, is primarily from the supply side and the double-digit food inflation is affecting the lower middle class the most as their share of income on food and beverages is high. Focus on infrastructure Dr. Lee also noted that while India was doing well in reducing poverty and nurturing the middle class to attain sustainable growth, the government must focus on providing quality education and infrastructure development. On the tight money policy stance adopted by the Reserve Bank to contain the price spiral, the ADB chief economist cautioned that while “tight monetary policy is the right step”, excessive hike in rates “would also attract more capital inflows” and related problems. Dr. Lee felt that if the Indian economy continued to grow with improvement in farm productivity and infrastructure development, these together could also result in lowering inflation. For the present, “withdrawal of fiscal stimulus is the right direction ahead ... it's only a matter of timing and speed,” he said.