Which of the following statement/statements is/are valid in connection with inflation ?

1. ICost-push inflation cycle of milk is becoming more and more pronounced in India.
2. IIThe Bharat Atta initiative of the Government has played a considerable role in containing wheat inflation in India.
3. IIIRetail Inflation has considerably increased in the beginning of 2024 owing to increasing commodity prices.
4. IVThe Bharat Dal initiative has also been extended to include moong dal.

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