Mayaram hopes RBI will push for growth after WPI data
WPI inflation eased to 5.05% in Jan, helped by moderating food prices
Explore Business Standard
Associate Sponsors
WPI inflation eased to 5.05% in Jan, helped by moderating food prices
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.
First Published: Feb 14 2014 | 12:47 PM IST