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The RBI and the government will work together in coordinated manner on all fronts, including inflation and growth, says Finance Minister Nirmala Sitharaman in a press conference with RBI Governor Sanjay Malhotra.
Nirmala Sitharaman addresses press conference along with RBI Governor Sanjay Malhotra and MoS Finance Pankaj Chaudhary on Saturday.
Finance Minister Nirmala Sitharaman on Saturday said the Reserve Bank of India (RBI) and the government will work together in coordinated manner on all fronts, including inflation and growth. She was addressing a press conference along with RBI Governor Sanjay Malhotra and MoS Finance Pankaj Chaudhary on Saturday, in New Delhi, a day after the repo rate cut by the RBI MPC.
Sitharaman also said she hopes to introduce the New Income Tax bill in the coming week, thereafter it will go to a parliament committee.
RBI Governor Sanjay Malhotra said the central government focusses on ease of credit and would take it forward.
On the rupee fall, he said there is no change in the RBI’s approach on rupee and the central bank don’t have any specific target.
“We will be nimble and agile to provide liquidity to financial sector,” says the RBI governor.
(The story will be updated)
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