Fiscal steps will moderate inflation: Montek

Fiscal steps will moderate inflation: Montek
PTI
Comment E-mail Print Share
First Published: Wed, Apr 02 2008. 03 07 PM IST
Updated: Wed, Apr 02 2008. 03 07 PM IST
New Delhi: Fiscal steps taken by the Indian government will help moderate inflation, but there is a need to recognise that high inflation is a global phenomenon, a top policymaker said on Wednesday.
“We will be able to control it. The steps taken are bold. They are not bits and pieces. Inflation will be handled,” the deputy chairman of the planning commission, Montek Singh Ahluwalia, told reporters.
Comment E-mail Print Share
First Published: Wed, Apr 02 2008. 03 07 PM IST