Citing Reserve Bank of India (RBI) projection, Union Finance Minister Nirmala Sitharaman, on Monday, said the inflation would come down to 5 per cent in the first half of the next fiscal year.
However, it won’t be possible for the state governments to implement the Old Pension Scheme (OPS) with the funds for the New Pension Scheme (NPS) of employees 'legally'.
Sitharaman said the inflation rate was below 6 per cent in November last year under a 'tolerance band'. Now, the RBI projected in its inflation forecast for 2023-24 a gradual decline in the inflation rate to 5 per cent.
Sitharaman, who first held post-budget interaction with businessmen and the media, was accompanied by Pankajy Choudhary and Bhagwat Kishnarao Karad, both MoS Finance, and a few secretaries of finance-related ministries who made replies on her replies to the media questionnaires.
"The government of India has taken a number of steps to control inflation by giving incentives and reducing or keeping free import duty in pulses, edible oils including palm crude and palm oil so that their production will be increased in near future and the prices go down," she said.
هذه القصة مأخوذة من طبعة February 21, 2023 من The Statesman.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة February 21, 2023 من The Statesman.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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