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Inflationary pressures attract curbs on agriculture exports, says CMIE

The inflationary pressure, which has been a constant cause of worry for the government, is expected to attract restrictions on agricultural exports, Centre for Monitoring Indian Economy (CMIE) said in its monthly review. The high international prices and the consequent increase in exports has caused inflation to surge (hovering over 7%) CMIE said, adding that this prompted the government to clamp down on exports of some agricultural commodities in order the improve availability and cool down prices.