Inflation Rate: The government made a new plan for rising inflation, the Finance Minister gave information
Inflation Rate in Inda: Inflation is increasing rapidly across the country. Now the government has also expressed concern over this. Finance Minister Nirmala Sitharaman has made a special plan to control inflation. Let's know the latest updates.
Inflation Rate in India: Inflation is increasing continuously in the country. Now the government is worried about it. Finance Minister Nirmala Sitharaman has made a special plan to control inflation. In fact, amid the high level of CPI-based inflation, Finance Minister Nirmala Sitharaman said that there is a need for proper and accurate measures to monitor the prices of each product and check inflation.
RBI and government have to be alert
Finance Minister Sitharaman said in the conversation, 'The Reserve Bank estimates that by the beginning of the second half of the financial year, both the central bank and the government will have to be alert. Actually, inflation is increasing continuously.
June figures raised concerns
Let us tell you that this statement of Sitharaman has come after the retail inflation data for the month of June. According to this data, retail inflation has fallen marginally to 7.01 percent in June. This is the sixth consecutive month that retail inflation has remained above the Reserve Bank's projected levels. Earlier, RBI has also continuously expressed concern about this. The central bank has been given the responsibility of keeping inflation at 4 per cent (two per cent above or below).
Government's eye on the prices of each product
The Finance Minister has said that in the coming times, we have to remain alert and cautious about how the prices of each product in the country remain. Not only this, the Finance Minister has said, 'I will keep an eye on the prices of each and every product going here and there. Controlling inflation needs to continue with precise measures. Due to favorable monsoon this year, production will be good and the demand coming from rural areas will also increase.
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