Job creation, wealth distribution priority over inflation: FM Sitharaman

The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades

While inflation is a priority for the government, it is not as ‘red-letter’ as creating jobs and ensuring equitable distribution of wealth, Finance Minister Nirmala Sitharaman said on Thursday.

“I don’t have the luxury of sequencing priorities. Several things happen simultaneously. The red-lettered ones would definitely be jobs, equitable wealth distribution, and growth. In that sense, inflation is not red-lettered. We have shown that in the past couple of months, we managed to get it to manageable levels,” she said at an event organised by the US-India Business Council (USIBC).

The finance minister said if India and the United