Prime Minister Narendra Modi today said his government has been able to tame inflation which had gone out of control before 2014 . Speaking at an industry meet in Dahej, Gujarat, he said, no political party could raise the issue of inflation during the polls in five states.<br/><br/> Mr Modi said that after the decision to demonetise high value currency notes, many rumours were created by the opposition leaders that the economy would disintegrate, but the GDP figures of the last quarter have proved that the country is on the path of fast-paced development. Mr Modi also said that political and business leaders globally have supported the demonetisation move. <br/><br/>The government recently pegged the GDP growth rate at a higher-than-expected 7.1 per cent for the current fiscal despite the impact of note ban. The Prime Minister further said, more efforts are on to bring inflation further down. The industry meet was organised at ONGC Petro Additions Ltd's complex.
News On AIR | March 7, 2017 9:16 PM
Govt able to tame inflation which had gone out of control before 2014: PM Modi