The HICP in the euro area has also been above 2% since the middle of 2000, mainly owing to oil price increases and the depreciation of the exchange rate of the euro last year.
It is my pleasure and privilege to participate in this function for laying the foundation stone for the Bank Note Paper Mill. A special and hearty welcome to the Hon’ble Finance Minister, Shri Pranab Mukherjee, but for whose active support, the launch of this vital and prestigious project would not have been possible. 2.