“The Government is committed to take measures, which will positively impact the GDP and result in higher growth than expected. I am hopeful that the inflation, which is moving upwards now, would eventually come down,” Mr. Jaitley said.
Referring to the rupee slide against the dollar, he said the government was watching the movement of the domestic currency closely.
“The slight instability of the rupee is essentially because of Iraq oil shocks and global fear of oil price rise,” he said.
Read more at The Hindu
