National

Government Adopting Targeted Approach To Check Inflation: Sitharaman

Finance Minister Nirmala Sitharaman has claimed that the Centre has adopted a targeted approach to tackle retail inflation and stresed that the fundamentals of the economy are strong.

Government Adopting Targeted Approach To Check Inflation: Sitharaman
info_icon

Finance Minister Nirmala Sitharaman on Tuesday said the government has adopted a targeted approach, based on ground-level inputs, to tackle retail inflation which is ruling at around 7 percent.

바카라 웹사이트The minister was replying to a short-duration debate on price rise in the Rajya Sabha.바카라 웹사이트Sitharaman stressed that the fundamentals of the Indian economy are strong.

바카라 웹사이트Indian economy compared to the situation prevailing in peer-group nations and even developed countries are definitely "much better", she said.바카라 웹사이트However, the minister also acknowledged that global factors are impacting the economy, and said "these are realities".

The finance minister said that both the government and the Reserve Bank are taking steps to bring down inflation below 7 percent and further under 6 percent.바카라 웹사이트The government has tasked the RBI to ensure that the consumer price index (CPI) based inflation remains at 4 percent with a margin of 2 percent on either side.

Sitharaman also countered opposition charges that the central government was only working for Ambanis and Adanis and not the poor. Such arguments, she said only politicize an important debate like the one on price rise.

Advertisement

Advertisement

Advertisement

Advertisement

Advertisement

CLOSE