Finance Minister Nirmala Sitharaman stated 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 stated 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 stated.
India’s annual retail inflation for March rose on the slowest tempo in practically 15 months and was beneath the central financial institution’s higher tolerance stage for the primary time this 12 months, on the again of softer meals costs.
