Finance Minister Nirmala Sitharaman said the government is trying to keep inflation below 4 percent

Finance Minister Nirmala Sitharaman said the government is trying to keep inflation below 4 percent

Finance Minister Nirmala Sitharaman said on Thursday that the government is making every effort to keep inflation below 4 percent. The central government is also taking such steps so that essential things are available to the people on time at reasonable prices. In a press conference near Pune city, Seemaraman said that the government is also taking steps to bring the inflation rate to a certain level.

Responding to a question related to rising prices, the Union Finance Minister said that as far as inflation is concerned, I have answered the questions related to it every time in Parliament. Steps are also being taken to bring the inflation rate to a certain level. For example, the duty on imported edible oils has been removed. He said that the issue of inflation should be seen from a global perspective.

Sitharaman said that the inflation rate in America has reached a 40-year high. In Germany, inflation is at a 38-year high. It is our endeavor that the inflation rate remains below 4 percent. On being asked by the Finance Minister why the rupee is continuously making new low levels against the dollar, he said that the government is looking at the country's economy from every aspect. "Whether it is inflation or the exchange rate... we are looking at every issue," he said. ,

Earlier in a program, he said that Mudra loans have been given to eligible people without any security. The Finance Minister said that at the time of the launch of the Mudra Loan Scheme in the year 2015, Prime Minister Narendra Modi had asked banks to give loans under this scheme without any security.

Pradhan Mantri Mudra Yojana (PMMY) was launched to provide loans up to Rs 10 lakh to non-corporate, non-farm small/micro enterprises.

(with language input)