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No room for complacency on the inflation front: Finance Ministry

  • September 17, 2022
  • Posted by: Bastion team
  • Category: World News
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BENGALURU: There is no room for complacency on the inflation front, cautioned the ministry of finance in the Monthly Economic Review for August, while noting that inflationary pressures in India appear to be on a decline. It said that lower crop sowing for the kharif season calls for “deft management” of stocks in agri commodities and market prices.

It said that India’s growth has been robust and inflation in control, however, “Downside risks to growth will persist insofar as India is integrated with the rest of the world.”

It added that inflationary pressures in India appear to be on a decline with a preemptive set of administrative measures by the government, agile monetary policy and easing of international commodity prices and supply-chain bottlenecks. India is in a…

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