RBI advisory committee strikes note of concern

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The minutes from the latest Reserve Bank of India (RBI) Technical Advisory Committee on Monetary Policy have revealed the level of concern for the economy among officials there.

"Members had divergent views on the global macroeconomic environment," the minutes said. On a domestic front, the minutes said members found the prevailing macroeconomic situation to be a "cause of concern".

There was unanimous anxiety over the fiscal situation, the minutes showed. "The high fiscal deficit and consequent

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