Taming inflation is Centre's priority: FM Nirmala Sitharaman
1 year, 4 months ago

Taming inflation is Centre's priority: FM Nirmala Sitharaman

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman stressed on the need for private investment, global economic performance and controlling inflation at the B20 Summit India 2023 hosted by CII. Ensuring sustained economic growth in India, she also said that taming inflation is the Centre’s ‘priority’. On retail inflation, she said that the government’s priority is to tame inflation to ensure sustained economic growth. Observing that elevated interest rates for considerable time hampers recovery, Sitharaman said, “my priority is to tame inflation.” On the international trade front, she said that amid consensus on broad contours of the pact meant to boost economic growth and jobs, India hopes to conclude talks over a free trade deal with the United Kingdom by the end of this year.

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History of this topic

India's Robust Economy Maintains Stability, Sets New Fiscal Deficit Target
2 months, 3 weeks ago

India's Robust Economy Maintains Stability, Sets New Fiscal Deficit Target

Hindustan Times  

India successfully kept inflation within manageable limits, achieving the lowest point in its fiscal deficit glide path in the next financial year. The country's robust macroeconomic fundamentals, coupled with strategic focus on strengthening ties with nations that share strategic coherence, played a crucial role in maintaining price stability despite global economic challenges. The focus on debt management and fiscal consolidation …

Taming Inflation Top Priority, Says FM Nirmala Sitharaman
1 year, 4 months ago

Taming Inflation Top Priority, Says FM Nirmala Sitharaman

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman on Friday said that there should be a priority on private investment, performance of the Indian economy at global level and curbing inflation as well. Ensuring sustained economic growth in India, she also said that taming inflation is the Centre’s ‘priority’. On the retail inflation front, she said that the government’s priority is …

B20 summit | My priority is to tame inflation, says Nirmala Sitharaman
1 year, 4 months ago

B20 summit | My priority is to tame inflation, says Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on August 25 said the government's priority is to tame inflation to ensure sustained economic growth. Addressing the B20 Summit India, being hosted by the Confederation of Indian Industry, the Minister said the GDP numbers for the first quarter, to be released this month, should be good. Observing that elevated interest rates for considerable time hampers …

Centre working to slow inflation, FM Nirmala Sitharaman says
2 years, 1 month ago

Centre working to slow inflation, FM Nirmala Sitharaman says

Live Mint  

The government is working to slow inflation further, and is closely monitoring the prices of essential commodities, finance minister Nirmala Sitharaman said, adding that the country is protected from the risk of stagflation due to its relatively slow inflation rates and fast growth. The government will further bring down inflation and is constantly watching the price situation of essential commodities,” …

RBI needs to be more synchronised to handle inflation: FM Sitharaman
2 years, 4 months ago

RBI needs to be more synchronised to handle inflation: FM Sitharaman

India TV News  

Highlights I'm not prescribing anything to the Reserve Bank, Sitharaman said I'm not giving any forward direction to the RBI, the finance minister said India's solution to handling the economy, together with the monetary policy has to work, she said Finance Minister Nirmala Sitharaman on Thursday said the Reserve Bank will have to be more synchronised with the fiscal policy …

Inflation is not a ‘red lettered’ priority for Centre now, says FM Nirmala Sitharaman
2 years, 4 months ago

Inflation is not a ‘red lettered’ priority for Centre now, says FM Nirmala Sitharaman

The Hindu  

Inflation is not a ‘red-lettered’ priority now for the government given that it has been brought down to a ‘manageable level’ over the past two months and job creation and equitable distribution of wealth were instead the key priorities as of now, Finance Minister Nirmala Sitharaman said on Wednesday. “I am not sure I can have the luxury of sequencing …

Tackling Inflation Is RBI's Top Priority, Trying Not To Hurt Growth, Says Shaktikanta Das
2 years, 4 months ago

Tackling Inflation Is RBI's Top Priority, Trying Not To Hurt Growth, Says Shaktikanta Das

News 18  

Reserve Bank of India Governor Shaktikanta Das on Friday said tackling inflation is the central bank’s top priority and the RBI will try to minimise its impact on growth. India’s GDP rose 13.5 per cent in the June 2022 quarter. However, the Q1FY23 growth fell short of the RBI’s projection of 16.2 per cent. The RBI’s Monetary Policy Committee hiked …

Inflation expected to remain higher than RBI tolerance level till Dec, says Shaktikanta Das
2 years, 6 months ago

Inflation expected to remain higher than RBI tolerance level till Dec, says Shaktikanta Das

Firstpost  

The RBI governor said inflation is currently the biggest challenge confronting most economies in the world and the current surge is primarily because of global factors New Delhi: India’s headline inflation is expected to remain higher than the Reserve Bank of India upper tolerance level of six per cent till December 2022, RBI Governor Shaktikanta Das has said. “Until December, …

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