New Delhi:
The mandate of the Reserve Bank of India (RBI) must include promoting growth and employment, not only price stability, Finance Minister P. Chidambaram said in the Rajya Sabha on Wednesday.
"We must have a monetary policy that's prime objective is price stability, but must be seen part of a larger mandate of growth and employment," he said while replying to a debate on inflation in the upper house.
Copyright: Thomson Reuters 2013
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