Cross-checking with the monetary analysis confirms the prevalence of upside risks to price stability at medium to longer horizons, given the continued strong underlying rate of monetary expansion in a context of already ample liquidity.
Consequently, the share of Mizoram’s gross state domestic product (GSDP) in the all-India GDP rose from 0.08 per cent in 2006–07 to 0.10 per cent during 2011–12 (Chart 1). 1  “The Five Pillars of RBI’s Financial Sector Policies”, speech by Governor Raghuram G. Rajan at BANCON 2013 held at Mumbai on November 15, 2013. RBI Monthly Bulletin, December 2013.