An Indian central bank official said on Thursday that a focus on spending on infrastructure would help the country contain long-term, supply-side inflation.
Sitikantha Pattanaik, an executive director at the Reserve Bank of India, was speaking at an event in New Delhi.
Ashima Goyal, a member of India's Monetary Policy Committee, told the event that uneven rainfall in some regions could impact crop output and may not augur well for inflation.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
