Inflation cannot be handled only by Centre: FM Sitharaman

Thursday, 8 September 2022Newsdesk

Inflation cannot be handled only by the Centre and ways have to be found to work together with states to manage inflationary matters, Finance Minister Nirmala Sitharaman said Thursday.

New Delhi, 08 September 2022

As per news report of The Indian Express, Nirmala Sitharaman also said that the Reserve Bank of India (RBI) forms a critical part of inflation management, but fiscal policy has to work together with monetary policy in handling the inflationary surge in the economy. Sitharaman said inflation is higher than the national level in states which have not reduced fuel prices.

Source - The Indian Express