Sansad TV
In this episode of the Perspective Prog. Based on ‘Tackling Inflation’. As per the latest data from National Statistical Office India’s retail inflation has accelerated to 7.41% in September from 7% in August, with food price inflation surging sharply from 7.62% in August to 8.6% in September. The country’s rural inflation also picked up further steam from 7.15% in August to reach 7.56% in September, while urban consumers also experienced a resurgence in price rise at 7.27% from 6.72% a month ago. This is the ninth month in a row, when inflation has stayed above the Reserve Bank of India’s upper tolerance threshold of 6%. As per the RBI Act, the central bank will now have to submit a report to the central government detailing reasons for the failure to contain prices and remedial steps to rein in the price rise. Meanwhile, Finance Minister Nirmala Sitharaman has said the Budget 2023 will be carefully structured to address the dual challenges of high inflation and slowing growth. She also said that Indian economy is expected to grow 7 per cent in the current financial year 2022-23.
Guests:
1. A.K. Bhattacharya, Editorial Director, Business Standard
2. R. Gopalan, Former Secretary, Financial Services, Ministry of Finance, GoI
3. Rajani Sinha, Chief Economist, CareEdge Group
Anchor: Vishal Dahiya
Producer: Sagheer Ahmad
Guest Coordinator: Anshuman, Vishwa Pratap Singh
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