You are here

India needs to aim for growth without inflation: junior finance minister

Tuesday, January 13, 2015 - 22:31

[NEW DELHI] India needs to aim for a non-inflationary economic recovery, the country's junior finance minister said on Tuesday.

Speaking at an industry event, Jayant Sinha also said India needs to aim for non-inflationary economic growth of 7-8 per cent.

India's annual consumer price inflation accelerated for the first time in five months in December to 5.0 per cent, driven by higher food costs.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom