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Freepressjournal : Latest Indian news,Live updates

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Average rate of inflation down to 4.6%: FM Piyush Goyal

by IANS February 1, 2019 12:43 pm
written by IANS February 1, 2019 12:43 pm
Piyush Goyal addresses press
PTI Photo/Vijay Verma

New Delhi: Finance Minister Piyush Goyal on Friday said that the average rate of inflation has been brought down to 4.6 per cent, which is the lowest for any central government since the start of economic reforms in 1991.

While presenting the Interim Budget for 2019-20, Goyal informed the Lok Sabha that the average rate of inflation between 2009-14 was 10.1 per cent and this had come down to 4.6 per cent under the NDA government. According to Goyal, in December 2018 the inflation rate further come down to just over 2 per cent.

budget 2019central governmentFinance ministerInterim budgetPiyush Goyalrate of inflation
previous post
Interim Budget 2019: Big tax relief! Government announces full tax rebate on income up to Rs 5 lakh
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Defence budget for the financial year 2019-20 pegged at Rs 3 lakh crore

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