Govt mindful of inflation situation, says RBI Governor Das
2 years, 6 months ago

Govt mindful of inflation situation, says RBI Governor Das

The Hindu  

Reserve Bank of India Governor Shaktikanta Das on Wednesday said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation. "I am sure the government is mindful of the current inflation situation and it is for the government to decide on further supply-side measures which they consider as necessary," Mr. Das said addressing the customary post-policy press conference at the central bank headquarters. ".further reduction of State VATs on petrol and diesel across the country can certainly contribute to softening of the inflationary pressures as well as expectations," Mr. Das said. Meanwhile, on the vexed issue of cryptocurrencies, where the RBI has been stridently opposing the introduction of any unregulated and private crypto instruments, Mr. Das said the central bank will await the discussion paper, which the government has announced to come up with shortly.

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