1 min read.Updated: 25 Apr 2022, 06:43 AM IST Edited By Asit Manohar ( with inputs from Bloomberg )
Finance Minister Nirmala Sitharaman defended the Central Bank's timing to pivot toward inflation
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Finance Minister Nirmala Sitharaman has said that support for India's economic growth will continue through fiscal spending amid Reserve Bank of India's (RBI's) fight against inflation. Sitharaman said in an interview with Bloomberg on Friday that multiplier effect from supply-side spending can keep fueling the rebound from the Covid-19 pandemic, which will balance the Central Bank's plan to begin moving toward removing accommodative monetary policies.