Finance Minister Arun Jaitley has described the RBI's Second Bi-Monthly Monetary Policy Statement as a calibrated approach aimed at striking a balance between growth and inflation. In a statement issued in New Delhi, Mr Jaitley said that it is a priority for the government to maintain a balance between growth and inflation. He said, the government on its part will address the problem of price rise by improving supplies. He added, government is also concerned with restarting the investment cycle and moving towards higher growth and employment generation.