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According to India’s Chief Statistician Pronab Sen, who is also the secretary of the Ministry of Statistics and Programme Implementation, he wholesale price index (WPI) as a measure of inflation might cross the Reserve Bank of India’s (RBI’s) comfort zone by December, while the Index of Industrial Production (IIP) would be in double digits.

However, he added that the tightening of monetary policy was not advisable to bring down inflation, which was largely due to last year’s base eff ...