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Finance Minister Nirmala Sitharaman on Tuesday stated the federal government has adopted a focused strategy, primarily based on ground-level inputs, to sort out retail inflation which is ruling at round 7 per cent. Indian financial system in comparison with the scenario prevailing in peer-group nations and even developed nations is unquestionably “a lot better”, she stated. Nevertheless, the minister additionally acknowledged that world components are impacting the financial system, and stated “these are realities”. She additionally stated the federal government has contained costs of tomato, onion, and potato, whereas evaluating charges with these prevailing in November 2013.