Mayaram hopes RBI will push for growth after WPI data

WPI inflation eased to 5.05% in Jan, helped by moderating food prices

Arvind Mayaram
Reuters Mumbai
Last Updated : Feb 14 2014 | 1:22 PM IST

Economic Affairs Secretary Arvind Mayaram said he hopes policymakers will try to bolster growth with wholesale price index inflation easing to an eight-month low in January.

Mayaram said he hopes there will be a "real push" to boost growth in Asia's third largest economy where economic growth has slowed to a decade low of around 5%.

Mayaram was responding to queries on whether the Reserve Bank of India's April policy decision will be guided by the recent easing in inflation.

WPI inflation eased to 5.05% in January, helped by moderating food prices.

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First Published: Feb 14 2014 | 12:47 PM IST

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