INFLANATORY PRESSURE MUST BE REVIEWED BY THE SYSTEM FOR SERVICE UNDER CONTROL REQUIRED TO BE ADJUDGED BY THE MONETARY POLICY COMMITTEE TO MAINTAIN STABILITY.

Inflation is out of control and the inflanatory pressure in the country is rising for which the pandemic covid-19 is also responsible for which the data released showing continued elevation and worrying the core inflation. Higher commodity prices and demand under public utilities giving signal that these pressure are unlikely to moderate in the future.The data shows with the signal that consumers price index has risen to three months higher more than five percent.Core inflation related to the food and fuel has hardened at both ends driven in part by rising global commodity prices,and has increased overall price rise going forward due to unavoidable circumstances. The inflationary pressure are unlikely to abate and recovery is not on the firm footing for which the government must review the monetary policy and terms activities to cut down the price rise affecting the Indian economy in the present scenario and conditions of the global inflationary pressure.