The Finance Minister Pranab Mukherjee has emphasised the need for better coordination between monetary and fiscal policies for improving overall economic stability and growth. He said current global economic developments and, more particularly, the sovereign debt crisis of Europe have once again brought into focus the need for better co-ordination between monetary and fiscal policies.Addressing the foundation day function of Vijaya Bank in New Delhi on Friday, Mr. Mukherjee said, the global financial markets have been troubled by perceptions of inadequate solutions to the euro-area sovereign debt problems, exposure of banks there and renewed fears of recession. He said global recovery will also be affected by some of the fiscal consolidation measures being taken in some of the advanced economies.On efforts to reach banking services across the country, the Finance Minister said banks have been given a mandate to make the best use of technology and implement the Financial Inclusion Plan to reach all the 73,000 habitations with a population of 2,000 and above, before the March end next year.Speaking to reporters after the function the Finance Minister expressed concern over the inflation rate crossing double digit mark. He attributed the supply side constraints the major reason for the rising inflation. Mr. Mukherjee added that appropriate measures will be taken to tackle the problem. The rate of inflation has reached 10.6 per cent.