Finance Minister Nirmala Sitharaman mentioned the federal government is taking steps to management inflation | file picture
| Photo Credit: NAGARA GOPAL
Inflation in India is barely above the “tolerance limit”, and the federal government is taking steps to management it, Indian Finance Minister Nirmala Sitharaman mentioned on Saturday.
“Because we took a very calibrated approach, today we have an inflation which is slightly above the tolerance limit, but which is constantly being worked at so it can be brought down,” she mentioned.
India’s annual retail inflation for March rose on the slowest tempo in almost 15 months and was under the central financial institution’s higher tolerance stage for the primary time this yr, on the again of softer meals costs.
