The government today expressed hope that it will soon achieve low and stable inflation rate. In a statement, Finance Minister Arun Jaitley said, it is heartening to note that the government has been able to bring food inflation under control.The Wholesale price index Inflation has dropped down to five-year low of 2.38 per cent in September. Mr. Jaitley said the government is committed to continuing reforms in food markets that will improve supply responses and keep inflation low and stable.Minister also said the fiscal consolidation and a new monetary policy framework will help bring down inflationary expectations.
News On AIR | October 14, 2014 8:47 PM
Govt hopes to achieve low, stable inflation rate soon: Arun Jaitley