Highlights

  • Finance Minister replies to Supplementary Demand for Grants in Lok Sabha
  • Indian Rupee strengthening against other currencies
  • Retail inflation fell to an 11-month low of 5.88% in November

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Will take measures to further ease inflation says Finance Minister in Lok Sabha

India's retail inflation for the month of November eased to an 11-month low of 5.8 per cent dropping within RBI's tolerance band of 2-6 per cent after 10 months

Will take measures to further ease inflation says Finance Minister in Lok Sabha

Finance Minister Nirmala Sitharaman on Wednesday assured the Lok Sabha that the government will take measures to further ease inflation, which has dipped below the RBI's upper tolerance level of 6 per cent. Sitharaman said the government is constantly monitoring the price rise situation in the country and is focused to further bring down the inflation.

"We will bring down further for the sake of common people," she said while replying to a discussion on the first batch of Supplementary Demands for Grants 2022-23 in the Lok Sabha.

The government is constantly watching the price situation of essential commodities, she said.

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